One factor worth examining in a corporate credit manager is the breadth of the team’s focus. Some teams work flexibly across the credit markets and across the capital structure, evaluating opportunities with a broader mindset.
That changes how a new loan gets evaluated. The comparison set isn't just limited to similar private loans – it becomes more expansive and can include similar companies reviewed in liquid and illiquid markets, and across senior and junior portions of the capital structure, including equity.
The benefit of this approach goes beyond a more expansive relative value analysis. It also supports longer-term borrower relationships by allowing the same team to provide a range of financing solutions as a company’s needs evolve.
Watch to see why Andy Frank, Global Head of Origination at Fortress, believes the breadth of focus of a corporate credit team matters.
Andy Frank:
When it comes to corporate credit, one of the attributes that sets Fortress apart from our peers is the breadth of capabilities in our corporate credit team. We have one group of experts working seamlessly across the entire spectrum of credit solutions. Whether it's liquid or illiquid, senior or junior, or even in certain cases equity,
Fortress prides itself on being a capital solutions provider through all market cycles. A partner who can support a company's needs today and be relevant and helpful in the future. The Fortress team structure gives us the experience and capacity to deliver flexible creative solutions to borrowers.
Our experience is earned across more than 20 years, and nearly a hundred billion deployed in corporate credit since 2006. We have knowledge, access, and information. We track hundreds upon hundreds of companies across all markets. When evaluating a private loan, our comp set does not just include other similar private loans – it includes similar companies we've evaluated in the liquid markets and opportunities we've reviewed for junior capital. That provides us the ability to do a relative value analysis between different companies and different executions.
Fortress is active across the entirety of the risk spectrum. Our one team model across liquid and illiquid, senior and junior, and even equity is a true differentiator. Because we cover the entire risk spectrum, we're able to form long-term relationships with companies as they evolve through different market cycles and changing economic conditions. Whether a company is improving its risk profile, facing sector specific
changes, or navigating broader shifts in the economy, Fortress is positioned to support them at every stage.
Our ability to be a capital solutions provider means we're not just there for one transaction, we're a partner for the journey. This broader strategy also means as the economic outlook impacts different companies and sectors in different ways over time, Fortress can adapt and continue to provide capital and expertise. Our team's deep experience and collaborative model allows us to identify early warning signs, proactively manage risk, and maintain high-touch relationships with borrowers and sponsors. We're able to stay close to management teams, understand their evolving needs, and offer creative, flexible solutions no matter the economic cycle.
