Private credit investment opportunities providing diversified cash flow for investors.
Non-dilutive credit solutions for specialty finance, fintech, and tech-enabled firms.
Launched in 2019, Coromandel provides flexible, non-dilutive, growth-oriented asset-based lending solutions to specialty finance and technology-enabled businesses with predictable, recurring revenue. Financings range between 5 and 50 million dollars, typically with a 3-year term. Coromandel takes pride in its risk mitigation efforts that integrate risk management into investment process and portfolio construction.
Private credit is the direct lending into companies by non-traditional financial intermediaries. Unlike publicly traded debt, private credit is typically a customized financing solution to address specific needs of a buyout, refinancing, growth initiative, or project finance. Private credit structures span senior debt, unitranche, second lien, and mezzanine debt. Private credit aims to provide attractive risk-adjusted returns with current income and collateral for downside protection.