Senior credit

We engage in direct lending to North American middle market companies backed by private equity sponsors. We cultivate long-term relationships with private equity sponsors seeking a consistent source of capital over time.

$5.3B

invested since 2017

190

issuers

100+

Senior credit

We provide senior credit solutions to finance leveraged buyouts, corporate growth, acquisitions, and balance sheet recapitalizations. Many of our partners consider us a valuable investment partner due to the speed at which we make decisions, our long-term, patient approach toward building value, and our deep investment experience and industry knowledge.

Investment criteria

We seek to support companies with the following characteristics:

Headquartered in North America
Meaningful competitive position in target markets
Favorable free cash flow generation with the capacity for additional cash flow growth
Operating and financial flexibility to manage through economic cycles
Proven management teams

Industry focus

Our investment team has deep knowledge across a variety of industries, including aerospace and defense, business services, financial and insurance services, healthcare, manufacturing, software, technology, and telecommunications.

Meet the team

Meet our senior credit team

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Looking for junior credit solutions?

Learn more about junior credit solutions, including subordinated notes, second-lien debt, holdco debt, and preferred/structured equity

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Important information

Data as at December 31, 2023. Represents senior credit investments made by the PE&C team on behalf of the Manulife Investors and managed third party accounts since inception of the Senior Credit Strategy in 2017.