Asset Management

The group's investment philosophy is based on a disciplined and robust investment process. Cordatus undertakes a highly proactive approach to sourcing investment opportunities, strong fundamental research and credit analysis, and active portfolio management. The team is able to build, substitute and situation diversified and balanced portfolios across sectors, geographies and sponsors to suit different investor strategies.

Cordatus' strong relationships with leveraged finance banks, top-tier sponsors and credit asset managers enables us to be highly selective and focus on investments with resilient cash-flows, defensible market positions and strong documentation with a bias towards larger transactions. Investment success in the leveraged loan market requires disciplined asset selection skills to minimise defaults and potential capital impairment.

The team employs its investment and structuring experience coupled with market knowledge to complete a thorough qualitative and quantitative relative value analysis of potential assets. Investment decisions require unanimous Investment Committee consent. This is supplemented by extensive monitoring of the individual investments, market relative value and the overall portfolio profile in order to maximise risk adjusted returns for all stakeholders. Assets are sourced from both primary transactions and the secondary market and, currently, Cordatus has a range of investments across over 60 portfolio companies.

Cordatus is FSA registered, has separate personnel and offices from the CVC Group and operates a strict arms length approach to all investments, including CVC owned companies, in order to avoid any conflict issues which may arise.