Raven’s approach to investing is designed to generate superior risk-adjusted returns through best-in-class origination, underwriting and active management of portfolios from inception to disposition. Investments include non-sponsor-backed loans and the outright acquisition of distinct assets.
When investing in private debt, Raven selectively pursues credits that are asset-rich and often include credit enhancements. Loans are governed by robust and carefully calibrated covenants. When acquiring assets, Raven uses its proprietary expertise in distinct assets to identify clear value and growth opportunities. Raven mitigates investment risk through its rigorous due diligence, underwriting, valuation and proven structuring techniques, applying over 120 years of the Raven team’s combined investment experience.
Raven’s Credit Strategy focuses on the origination of non-sponsor, asset-based loans.
Raven’s Credit Strategy, led by Dimitri Cohen, seeks to provide solution capital to borrowers in an effort to generate superior risk-adjusted returns. The strategy targets high-quality, senior secured loans that pay current income from floating interest rates. Raven’s investments are differentiated from the majority of the Private Debt market due to a focus on non-sponsor-backed direct origination, the inclusion of what Raven believes to be robust covenants, highly professional execution skills and expert management.
Raven Opportunity Funds make highly structured asset-based loans and purchase distinct assets.
Raven Opportunity Funds seek to differentiate themselves in the Private Credit Markets by making loans secured by assets and purchasing whole assets outright. Loans are structured to provide optimal investment flexibility while also seeking to deliverer capital solutions to borrowers. In return, Raven Opportunity Fund loans often include equity upside in the form of warrants, preferred return hurdles and/or profit sharing. Asset purchases seek to generate current income through organic cash flow and preserve strong residual value. The dual investment mandate of the Opportunity Funds is designed to allow Raven to determine the optimal attachment point for credit investments and the ability to unlock imbedded asset value within the same investment vehicle.
Jeremy Tucker is the Portfolio Manager of Raven Opportunity Funds.
Raven offers SMAs to meet the bespoke mandates of its investment partners.
Raven is of the view that its unmatched origination capability allows for custom-tailored investment opportunities. Working within mutually agreed upon parameters, Raven has offered both existing and new investment partners the unique ability to access the Credit Markets.
Raven is an active originator of co-investment opportunities for existing and new investment partners.
When co-investment opportunities are available current investment partners receive priority allocations. If possible, Raven offers non-Raven partners participation opportunities through direct syndication efforts with an emphasis on speed and certainty of execution. Raven manages co-investment opportunities as a complement to its overall investment strategy by diversifying its Fund portfolios and while seeking to maintain appropriate risk concentration limits.
