Private Credit
Financing with impact. For companies and investors.
Thanks to excellent networking and many years of market experience, we have access to top-quality credit investments.
Jakob Schramm
Partner · Head of Private Credit
Solid structures. Clear return perspectives.
Our focus is on senior direct lending, complemented by subordinated debt and selected credit opportunity investments. We primarily invest in Europe and the U.S., building broadly diversified portfolios across strategies, regions and market segments. Conservative financing structures, clear collateral and robust covenants form the foundation of our disciplined credit approach.
Direct access. Disciplined selection.
We invest with focus, selectivity and a clear eye for structure and risk. Decisions are based on market conditions, credit quality and manager expertise.
- High-quality deal flow through the Golding platform and experienced team
- Strong capital protection thanks to robust credit documentation with security clauses and information rights
- Effective diversification through broadly spread portfolios and allocation across different market segments, including the lower mid-market and non-sponsored transactions
This approach enables maximum selectivity and the creation of allocations that consistently reflect the interests of our investors.
Today, diversification is achieved not only through the number of positions but also through broad distribution across different sub-strategies - from the lower mid-market to non-sponsored transactions.
Florian Hofer
Managing Director · Private Credit Investments
Better network. Better investments.
Our long-standing relationships with private credit funds, banks, debt advisors, entrepreneurs and private equity firms provide early access to high-quality transactions. Especially in the lower mid-market and non-sponsored situations, opportunities arise that require solid experience and a reliable network.
This proximity to the market allows us to identify relevant credit opportunities early and invest where structure, risk and governance are compelling.
Risk Management with structure.
We manage risks in a disciplined manner and follow a structured portfolio architecture. Clear collateral, conservative credit structures and robust covenants form the foundation. This is complemented by diversification across regions, strategies and capital structures as well as KPI-based monitoring throughout the entire credit cycle.
This approach creates transparency and control, ensuring portfolio quality across different market phases.
ESG as a component of performance.
We work with managers who apply ESG factors in a targeted way to reduce risk and secure performance – for example through strengthened governance, a focus on ESG reporting, or linking sustainability to loan terms via “ESG-linked terms.”
Our current Private Credit co-investment and direct funds are classified as Article-8 funds (SFDR).
5 bn
Euro AuM
Individually structured. Institutionally designed.
Our private credit solutions offer stability, predictable returns and targeted diversification aligned with institutional requirements.
- Direct Programs
- Specialized Multi-Manager Portfolios
- Individual Managed Accounts with specific structure, reporting and ESG objectives
By selectively including credit opportunities and special situations, we broaden the risk-return spectrum of institutional portfolios.
Innovation in structuring.
We create new access points for institutional investors. From SICAV-FIS structures to virtual exchange listings (LuxSE) for AnlV-compliant allocations, we combine regulatory clarity with efficient onboarding and institutional implementability.
Your team for Private Credit.
Risk notice
Investing in Private Credit also involves risks.
- There can be no guarantee that a specific return or earnings target will be achieved. Past returns and forecasts are no guarantee of future success.
- Minority shareholders who are not involved in the management of a private credit fund have no or only limited influence over the fund manager.
- At private credit fund level, the use of significant debt financing (leverage) is often permitted and common. Although the use of leverage can improve performance, it also increases the potential for loss.
- The market values of private credit funds may be subject to considerable fluctuations due to macroeconomic factors and/or other changing market conditions, in particular the market interest rate environment.
- Private credit funds are usually unregulated investment vehicles that offer only limited investor protection.
- The investor bears the risk of the tax and regulatory structure of the private credit funds and the investments made.
- By realising risks, investors in private credit funds may suffer losses in value up to the amount of the total loss of the invested capital.
Detailed risk information can be found in the issue document of the respective investment programs.