Deerpath Capital

We’re proud to announce the $503.5 million reset of our 2023-1 collateralized loan obligation (CLO), originally priced in February 2023, achieving a AAA spread of SOFR+148 bps—down from the original S+280 bps. This marks a significant reduction in the cost of capital and delivers more efficient, stable financing to our levered fund investors.       In a volatile market, this outcome underscores the strength of our platform and the continued confidence investors place in Deerpath’s disciplined, programmatic CLO issuance.      Our ability to tighten materially across the stack is a clear testament to the resilience, scalability, and efficiency of our CLO platform—and to the conservatively structured underlying portfolio.      Like all Deerpath's CLOs, CLO 2023-1 is secured by a diversified portfolio of senior secured loans to lower middle market companies largely originated by Deerpath and backed by private equity sponsors.    Thanks to our partners at GreensLedge and NATWEST MARKETS SECURITIES INC. for their support on this successful reset.    Read more at https://lnkd.in/e-dwE9Y5   #CLOs #PrivateCredit #LowerMiddleMarket #StructuredCredit 

Built for What Lies Ahead President Trump’s recent tariffs rattled equity markets. The loan markets were volatile enough to warrant a 90-day pause, but relative to equities, the reaction was rather muted. At Deerpath, we have built our business to be all-weather. As the most senior position in a company’s capital structure, first lien senior loan investments tend to demonstrate lower volatility than equity, high yield debt or mezzanine debt—even during periods of economic stress. The risk remains, however, that higher tariffs could pressure borrowers’ cash flows and their ability to service their debt—especially for highly leveraged, globally dependent businesses. That’s why we lend with discipline. We focus on U.S.-based businesses with enduring demand that are typically service oriented, serve U.S. customers, and operate independently of global supply chains. And we do so at low leverage levels with full covenants and with no PIK at origination. A car repair chain. A healthcare imaging service. These businesses keep operating even when economic shocks hit. That’s by design. Consistent demand. Locally focused. Deerpath — Built for what lies ahead. #DeerpathCapital #RiskManagement #PrivateCredit #CapitalPreservation

Deerpath is excited to share that we are sponsoring Markets Group Southeast Asia Investors Forum in Malaysia. Our Director of Investor Relations in Australia, Ben Daly will be presenting a roundtable on the evolving risk landscape in Direct Lending. He’ll be joined by other industry experts to explore how firms are navigating today’s challenges and managing risk in this current market environment. We are looking forward to a day of meaningful conversations and insights! #MarketsGroupKualaLumpur #DirectLending

We're pleased to share that Deerpath's Director, Originations Nisha Haran, will be speaking at the LPGP Connect 7th Annual Women in Private Debt Conference in New York on April 9, 2025. More details and registration: https://lnkd.in/dcxedFXj

We are immensely proud of our very own Marisa Sonnier who has been recognized as one of Kayo Conference Series's Top 25 in 25' Women in Private Credit! Congratulations to her and the other outstanding women advancing in the Private Credit sector. https://lnkd.in/edmgQ9sA

Deerpath's Managing Director, Head of Originations Reed Van Gorden will be speaking at Markets Group's 9th Annual Canada East Institutional forum on the panel: "Institutional Views on Private Credit’s Growing Portfolio Utility & Importance." Reed, alongside other industry experts, will discuss private credit's rise, how higher borrowing costs and a potential economic slowdown may affect the space, and the differentiated protections and practices investors should look for in private credit allocations to protect against these risks. #privatecredit #MarketsGroupIF #DeerpathCapital

Deerpath is happy to announce that we are sponsoring SuperReturn Private Credit Europe. If you are attending, make sure to catch Deerpath's Managing Partner Tas Hasan on the panel "Still shaping the market: direct lending". Tas and the other panelists will discuss where the best opportunities for direct lenders are in today's market environment, how competition with BSL has impacted pricing, and much more - we hope to see you there!  #SRPCEurope #privatecredit #directlending

We are happy to share that for the second consecutive year, Deerpath has been nominated in multiple categories for the DealCatalyst and LSTA CLO awards. Deerpath has been nominated for 'Private Credit CLO Manager of the Year' and 'Most Innovative Private Credit CLO Manager'.   LSTA is known for providing excellent industry guidance and advocacy on loan agreements in the US, and we are proud to have been recognized among our peers by this industry leading organization with these nominations.     Vote using the link below, voting ends at 6pm on March 14th: https://lnkd.in/eKYeAFmc #middlemarket #privatecredit #assetmanagement

Deerpath is honored to have been recognized for 'Operational Excellence' in the Private Debt Mid Cap category of the The Korea Economic Daily's 2024 Best Asset Manager Awards. Our heartfelt thanks to all of our Korean investors and stakeholders, and congratulations to all of our peers who were also honored! Learn more about our philosophy https://lnkd.in/gPDy9-V7 and read the full article on the awards https://lnkd.in/gaSdb8fB. #BestAssetManagersbyKoreanInvestors #privatecredit #lowermiddlemarket

Latest Deal Announcements - February 2025