Two strategies
Direct lending
Funding healthy growth situations
Our direct lending strategy focuses on investing in debt instruments that fund healthy or growth related events of mid-market corporates in Southern Africa.
Funding situations typically include the funding of:
- organic expansion (growth related working capital or capex),
- corporate acquisitions,
- shareholder reorganisations, or
- refinancings / dividend recapitalisations
The strategy seeks to achieve an attractive, yield based, risk-adjusted return through privately negotiated transactions that are structured with an emphasis on sustainability and down-side protection.
We have the ability to provide flexible capital solutions that are tailor made to suit the requirements of the underlying company and fulfill the significant funding gap not addressed by traditional senior lenders in the region.
We follow a deep, value-driven approach that leverages both our extensive experience and deep networks across the region.
Special situations
Funding stressed and distressed situations
Investment opportunities for our special situations strategy arise from the confluence of a complex and levered (stressed or distressed) capital structure with a fundamentally sound and viable operating company.
Greenpoint employs a collaborative and proactive approach in facilitating new investment capital to support the financial restructuring of Southern African businesses facing short term financial challenges.
The strategy is credit led but can invest at every level of the capital structure, seeking to achieve a positively asymmetric risk-return profile with an emphasis on capital preservation and downside protection.
Investments can involve either:
- direct underwriting of new investments, or
- acquisition of single asset credit risk at valuations that more closely reflect recovery value floors.
Through any restructuring, we seek to put in place sustainable capital solutions that help companies return to financial viability, preserve employment and realise their long term potential.