We initiated our Private Debt business in 2005, and to date have raised approximately $3.6 billion of capital across two middle market strategies – mezzanine and senior debt.
The AEA Private Debt Funds are managed by an experienced team of 15 dedicated investment professionals. Our private debt strategy is focused on building a diverse portfolio using a relationship-based and proactive deal sourcing model with detailed credit analysis and due diligence. Post investment, the team actively monitors each portfolio company and continues to leverage the resources of AEA.
We believe the following factors make the middle market attractive for private debt investing:
- A large and diverse target market of companies and an active transaction environment.
- Lower lending multiples and more conservative capital structures than broadly syndicated transactions.
- An expanding need for private capital to finance middle market companies owing to the continued migration of the public capital markets towards financing larger companies and transactions.