Experienced Debt specialists
We understand the importance of being asset class specialists, especially when looking after your private debt funds. For all funds you need us to get the basics right. That means capital calls and distributions must be processed timely and accurately, financial statements cannot be overdue and the administration team needs to be responsive and knowledgeable.
We feel that is standard, and more can be done to give the absolute best service for our clients.
Our aim is to add value, to be a long-term partner and to be an extension of your team. Debt funds can be complicated and our highly experienced team have dealt with all the complexities before, including complex interest calculations, meaning they won’t miss a cap or a floor on the interest rate.
Our teams have handled loans all across the credit stack and dealt with multiple lenders and detailed inter creditor arrangements. We know the importance of borrower covenants and information undertakings and when these are due and why.
How can we help you?
We have extensive experience so we know what works well and what problems can arise. Therefore, we are well placed to help ensure your transactions go smoothly from a practical perspective.
We take pride in our detailed understanding of the structures utilised, and of the documentation that underpins transactions.
Our administration and accounting teams know their assets class and they are focused on delivering best practice, they will always be prepared to challenge from their position as a valued partner to ensure the optimum result for the fund is achieved.
- Loan administration and agency services
- Covenant monitoring and testing
- LMA member firm
- Dedicated loan tracking systems
- Experience across all verticals and throughout the capital stack.
We are packed full of industry leading experts that provide the best possible service to our clients. Our people are our most important asset, they provide our customers with a seamless client experience.
Sustained period of growth
Private debt has experienced a sustained period of growth since it emerged as an asset class in Europe following the global financial crisis. This success story has seen private debt mature into an important alternative investment for investors looking to obtain an attractive, risk-adjusted return.
The fundamentals of the strategy have been tested by unexpected market conditions and resoundingly the performance has been good. We believe this stress test will further enhance the asset class and private debt will continue to grow as investors look to increase their allocations or increase their existing exposure.
At Altum we have substantial experience and expertise in the establishment, administration and technical aspects required to ensure your private debt fund is operated appropriately. Debt funds can often involve significant complexity and a partner that understands these characteristics is needed to alleviate the day-to-day administrative burden.