Benefits for investors

Investors gain access to actively managed investment grade and high yield private fixed income strategies, providing:

 

  • Higher yields than comparable public issues without taking on excess credit risk
  • Diversification benefits by accessing transactions and issuers not available in public markets 
  • Robust risk management through deal structures that are typically more rigorous than public market transactions 

 

Interested in Private fixed income investing?

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Listen to episode 18 of the Three in Five Podcast on investing in the private placement markets.

17 years

Average industry experience of investment team members

$85 Billion

Private fixed Income assets under management

40+

Years managing private fixed income assets

37%

SLC Fixed Income portfolios qualify as sustainable

As of September 30, 2022

Key differentiators

Experienced teams with deep private fixed income expertise

Our investment teams have specialized in private debt for more than 40 years, offering the necessary skills to navigate a nuanced asset class.

Offerings across the credit quality spectrum

Investors can gain access to privately issued investment grade bonds, as well as high yield securities such as senior bank loans, high yield bonds, mezzanine debt and distressed debt.

Commitment to sustainability

We integrate environmental, social and governance (ESG) considerations throughout our investment processes, which we believe can result in attractive risk-adjusted returns for our clients.

Long track record of value creation

Our strategies have achieved excess spreads with lower default rates than their representative benchmarks over time.

Origination & sourcing

Prospective investments are sourced through a network that includes commercial and investment banks, independent brokers, private equity firms, developers, other lenders and potential investments directly from issuers.

Underwriting & due diligence

All potential investments undergo a rigorous analytical underwriting process. Prospective investments that pass a preliminary review are researched further through on-site meetings with management teams as well as extensive due diligence processes.

Portfolio monitoring

Portfolios are monitored on a continual basis and through formal quarterly and annual reviews focused on covenants compliance, financial statements, ratings reviews and recommendations.

Credit risk management

Credit risk is managed continually through an independent governance structure and via proprietary scorecards and risk ratings.

Daily valuation

Our investment grade private fixed income credit funds are valued daily, based on monthly deal-by-deal valuation from a third party and, ensuring transparency for investors.

Interested in a specific strategy? Explore our fact sheets.

SLC Management's strategy; provides our clients with access to a capital efficient asset class that can offer investors the potential for excess returns, lower downgrades and defaults and provide a natural hedge for long-term liabilities.

SLC Management’s strategies:

SLCM - Investment Grade Private Credit Strategy

Meet the private credit investment team

Sam Tillinghast
President, Private Fixed Income

Andrew Kleeman
Senior Managing Director, Head of Corporate Private Placements

Elizabeth Thorne
Managing Director, Corporate Private Placements

Private Credit strategies – offered by SLC Management, one of the largest private fixed income teams in North America – provide our clients with fixed rate, investment grade debt instruments, with terms from five to 30 years. They include investments in project, corporate and mid-market finance, private real estate finance, and private securitization finance.

SLC Management’s strategies:

SLC Management Short Term Private Fixed Income Plus Strategy

SLC Management Private Fixed Income Plus Strategy

SLC Management Long Term Private Fixed Income Plus Strategy

Private Fixed Income Investment Team

Elaad Keren
Senior Managing Director, Portfolio Manager and Head of Mid-Market Private Debt

Maurice Primeau
Managing Director and Portfolio Manager, Private Fixed Income

Nicolas Delisle, CFA, MBA
Managing Director and Portfolio Manager, Private Fixed Income

Petra Wendroth, MBA
Managing Director and Portfolio Manager, Private Fixed Income

Our below investment grade private credit strategies are offered by, Crescent Capital Group, who, offer mezzanine debt, middle market direct lending in the U.S. and Europe, high yield bonds and broadly syndicated loans.

Learn more about the specialty managers powering our global investment platform


Crescent Capital Group strategies:

CCG – Direct Lending
CCG – Mezzanine
CCG – Special Situations

Q3 2022 Investment Grade Private Credit Update
2022 Mid-year Global Investment Outlook
Q1 2022: Investment grade private credit update

Explore more insights

Explore our other strategies

Public Fixed Income  Real Estate  Infrastructure

The assets under management (AUM) represent the combined AUM of Sun Life Capital Management (Canada) Inc., Sun Life Capital Management (U.S) LLC, Crescent Capital Group, BentallGreenOak and InfraRed Capital Partners.