Private Debt (Northern Europe)

Private debt manager providing private capital solutions to small and medium-sized companies (“SMEs”) on a pan-European basis. The Fund provides tailor-made senior-secured financing structures along with other junior capital solutions for companies in the DACH region (Germany, Austria, Switzerland) and its neighbouring countries and selectively in Northern Europe and the United Kingdom. The Fund’s bespoke private debt solutions provide the necessary flexibility to SMEs to expand their businesses and to increase value for all stakeholders

London City

Strategy

The Tenax European Credit Fund (“TECF”) provides tailor-made senior-secured financing structures along with other junior capital solutions for companies in the DACH region (Germany, Austria, Switzerland) and its neighbouring countries and selectively in Northern Europe and the United Kingdom.  With over 50 years of combined team experience as credit investment advisors and portfolio managers TECF’s team members are involved in all aspects of the deal sourcing, deal analysis and deal execution, enabling a swift and concise decision making process. The Fund’s bespoke private debt solutions provide the necessary flexibility to SMEs to expand their businesses and to increase value for all stakeholders.

TECF uses its local financing expertise to deliver bespoke debt to its investee companies enabling them to create the optimal capital structure for their companies. It follows a highly collaborative team working and partnership approach focused on delivering best in class execution to investors and borrowers

Our Investment Approach
Local Expertise

• Our investment team has decades of successful investing experience in SME companies in the DACH region and Northern Europe helping established businesses that require capital for growth, acquisitions, recapitalisations, and buyouts

• We understand regional context and business customs and work “eye-to-eye” with SME companies and their families and founders

Bespoke Debt

• We aim to provide bespoke capital solutions to our investee companies

• Our prime focus is on senior-secured debt products

• However we have the flexibility to work in partnership with our investee companies’ stakeholders and management to provide value through sophisticated solutions along the full capital structure

Stakeholder Partnership

• We focus on providing optimal capital solutions to our investee companies in partnership with all stakeholders, delivered transparently and efficiently through a streamlined investment decision framework

• We value the direct involvement of our investee companies’ founders and owners in the deal structuring process and endeavour to reflect the entrepreneurial spirit of our investee companies’ owners and management teams in our investment decisions 

Execution Focus

• Our pursuit of bespoke, individually negotiated transactions in which we commit substantial time and resources goes beyond the mandate of traditional capital providers in Europe

• We apply fundamental credit analysis to our investment decisions and provide substantial input on the structuring and due diligence of our investments to ensure downside protection and capital preservation and deliver upside optionality to all stakeholders