Description
The Table Club are delighted to invite you to a lunch on Wednesday 28th February with Invesco WLR Credit Partners, as our guest speakers. Managing Director Paul Triggiani along with Portfolio Manager Jeffrey Reemer, will present on the topic of Opportunistic Credit in the US small & middle corporate markets.
The team are leveraging two of Invesco’s pre-eminent franchises – US$30b bank loan platform, (benefits from size and scale), combined with the expertise of the WL Ross distressed private equity approach. We held the same lunch in Australia late last year and was very well received by our families as the target is currently 8.3% yield in USD and ~ 15% IRR.
The corporate credit space is ~US$5tn and PE ~ US$3tn. The opportunity set comes from the small to middle market sector where things “haven’t gone as planned”. Where companies are going through some levels of distress and are trading at a steep discount. Returns from this sector have historically been mid-teens and a combination of yield and capital appreciation.
Speaker profile: Invesco speaker profiles Jan 2018
Fund presentation: Invesco – WLR Credit Partners – Discussion Materials – August 2017
Event Topics
US Opportunistic Credit