Structured Credit funds

Hi all,

I was wondering if anyone has a comprehensive list of firms with offices in London which invest in private pools of loans backed by assets? There isn't even a term for such funds, I've heard of Structured Credit funds, Private Credit funds, and more. 

The ones I know that do, are:

  • Chenavari
  • HPS (European Asset Value)
  • ICG
  • Pollen Street Capital
  • Arrow Global
  • AnaCap
  • Cabot Square
  • CarVal
  • M&G
  • Cerberus
  • Davidson Kempner
  • Chorus Capital
  • Ellington Capital
  • Cheyne Capital (Strategic Value Credit)
  • Fortress


Comments (11)

sultanoflondon, what's your opinion? Comment below:
Mr. E

to be clear, you're talking about securitized products right? If so, that's synonomous with structured credit, though structured credit can include more bespoke mezz type of credit as well.


Mr. E, what's your opinion? Comment below:

yeah you won't hear of a firm like Ellington or WAM being referred to as structured credit funds, but that's what they are. Sadly, structured credit doesn't get the same respect as like distressed debt, though they're the most interesting products on the street imo. I can't tell you why. Likely bc there's not as many players outside of Pensions/endowments/treasury teams (who mostly invest in the seniors that usually take up 80-90% of the stack). I just refer to these kind of funds as structured credit-focused funds.

StonksAlwaysGoUp, what's your opinion? Comment below:

I can tell you right now there are a lot more players than this, it's hard to find a list but trust me do some more digging and you'll find a whole lot more than this. Honestly can name 5 funds off the top of my head that are in this space that you haven't named here

Most Helpful
Alex_LF, what's your opinion? Comment below:

I think you are missing quite some of the currently more active players in Europe, especially on the asset backed front. The Deloitte deleveraging reports are a good source to get up to speed. Otherwise, follow the news on latest transactions, eg for the UK project Mercatus comes to mind.

In no particular order / focus:


Attestor Capital

Marathon AM


Cross Ocean

Octane Capital 

Lone Star

Bain Cap Credit 


GS Asset Investing (former group within ESSG now in AM)


York from time to time


They all have a different focus and size appetite with some being more focused on the real estate / Aircraft / Ships / etc.  itself vs. large chunky portfolios,

Happy to elaborate on some specific ones in case you have any questions. 

sultanoflondon, what's your opinion? Comment below:

I think £90-110k base & ~ 100% bonus.

that's what I've heard from headhunters

  • 1
zcap, what's your opinion? Comment below:

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