The strategy will focus primarily on opportunistic structured credit as well as other credit and credit-related investments across (i) Dislocated Performing Credit and (ii) Asset-Based Lending.
The investment philosophy and beliefs of Reverence Credit and its senior executives are reflected in the following two key principles (the “Unwavering Principles”), to which the strategy will seek to adhere:
Capital Preservation – In all of Reverence Credit’s investments, the team places the highest value on preventing losses and preserving capital. Reverence Credit underwrites each investment to a range of outcomes from upside, base case, downside, and extreme downside
Rate of Return – A primary driver for each investment must always be a (i) catalyst for a rate of return and (ii) thesis on take-out and driver for capital formation in the sector, rather than just collecting “carry”
