Borrower Profile
- Generates positive and stable (or improving) cash flow.
- Operated continuously through the COVID-19 pandemic.
Our Strategy
Czech Asset Management, L.P. (“CAM”) is a leading private credit investment manager with significant experience investing in the U.S. and Northern European middle-market. CAM’s investment strategy focuses on capital preservation and downside protection while targeting attractive contractual risk-adjusted returns.
CAM invests in directly originated, privately negotiated, performing, senior secured loans — including first lien revolvers, first lien term loans, second lien term loans, and first and split lien unitranche loans. Our disciplined approach targets consistent contractual returns across market cycles.
Underwriting Criteria
At Czech Asset Management, L.P., our selective, highly structured, disciplined, and repeatable underwriting process enables us to identify high-quality opportunities aligned with our investment objectives.
Capital Structure
- CAM holds up to 5x LTM EBITDA position in the capital structure at closing.
- CAM maintains voting control of the tranche invested in.
Repayment & Risk Mitigation
- At least two secondary repayment sources identified and validated.
- Borrowers must not depend on external capital markets to service debt.
Industry Selection
- Focus on resilient sectors.
- Avoidance of industries with headline or reputational risk.
Financial Sponsor Criteria
- If sponsor-backed, it must be supported by a fund raised post-2019.
- All sponsors and borrowers must pass comprehensive background checks.
Return Expectations
- All investments must align with CAM's targeted return thresholds, considering the borrower's structural, business, and financial risk profile.
Our Commitment
Preserve Investor Capital
Attractive Risk-Adjusted Investments
Quarterly Cash Distributions
Minimal Volatility
Investment-Level Transparency
Get In Touch
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