LCN Capital Partners is a real estate focused asset manager specializing in primary market sale-leaseback transactions across North America and Europe. Aquarian has a strategic partnership with LCN for real estate investments in the U.S.
Bonaccord Capital Partners is a private equity firm focused on acquiring non-control equity interests in mid-market sponsors across private equity, private credit, and real estate and real assets. Aquarian has a strategic partnership with Bonaccord.
FocusPoint Private Capital Group is a broker-dealer and private placement agent. Aquarian has a strategic investment and partnership with FocusPoint to expand access to Aquarian’s investment products.
The Aquarian Private Credit team led a $250mm unitranche credit facility for a commercial technical services platform backed by an independent sponsor and management. APC provided certainty of financing on a tight timeline to allow the Company to consummate an acquisition, while also bringing in additional lenders to create a scalable group to support the next stage of growth. The Company has achieved strong organic and inorganic growth with the majority of revenue coming from recurring maintenance and retrofit projects.
Aquarian Private Credit led a $78mm junior capital financing for a software embedded payments processor. APC’s investment, along with incremental senior debt, allowed the borrower to consummate transformative M&A. The Company is well diversified by merchant, software partner, and end market with high single digit organic growth and net retention >115%.
APC was Joint Lead Arranger on a $430mm financing for a third-party agent, administrator, and marketer of personal insurance products. APC’s investment helped the borrower refinance an existing credit facility. The Company is a market leader in a niche segment with significant barriers to entry and high levels of recurring revenue.
In December 2021, Aquarian Credit Partners (ACP) came to market with the reset of 2017-vintage Gallatin CLO VIII. This CLO reset, including a LIBOR+1.09% AAA coupon and new reinvestment period, was backed by $483MM (initial target par) broadly syndicated, senior-secured loans and bonds. Gallatin VIII ended its reinvestment period in July 2023, just ahead of the launch of Gallatin CLO X. Through our CLO vehicles and other managed accounts, ACP actively invests across the universe of traded high-yield credit – loans, bonds, and CLO tranches.
In September 2023, ACP came to market with Gallatin X ($400MM initial target par), its first new issue CLO since 2018. Through our CLO vehicles and other managed accounts, ACP actively invests across the universe of traded high-yield credit – loans, bonds, and CLO tranches.
In September 2023, Aquarian Credit Partners (ACP) began actively investing in investment grade (IG) broadly-syndicated loan (BSL) CLO tranches in-house. Since then, ACP has directly purchased over $150mm of third-party IG BSL CLO tranches and continues to be an active buyer – from AAA to A, both floaters + fixed-rate bonds, across primary and secondary markets. Through our CLO vehicles and other managed accounts, ACP actively invests across the universe of traded high-yield credit – loans, bonds, and CLO tranches.
The contents of the webpages on www.aquarianlp.com are intended for the use of U.S. investors only. By clicking on this link, you acknowledge that you are entering a third-party website and may be entering another jurisdiction that has differing applicable securities laws that must be followed. Aquarian makes no representation that the contents of the site are appropriate for use in all locations, or that the transactions, securities, products, instruments or services discussed at this site are available or appropriate for sale or use in all jurisdictions or countries, or by all investors or counterparties. All persons and entities accessing this site do so on their own initiative and are responsible for compliance with applicable local laws and regulations. Nothing on this site shall be considered the provision of investment advice, or a solicitation to buy or an offer to sell a security to any person in any jurisdiction where such offer, solicitation, purchase or sale would be unlawful under the securities laws of such jurisdiction.
The contents of the webpages on www.aquarianlp.com are intended for the use of U.S. investors only. By clicking on this link, you acknowledge that you are entering a third-party website and may be entering another jurisdiction that has differing applicable securities laws that must be followed. Aquarian makes no representation that the contents of the site are appropriate for use in all locations, or that the transactions, securities, products, instruments or services discussed at this site are available or appropriate for sale or use in all jurisdictions or countries, or by all investors or counterparties. All persons and entities accessing this site do so on their own initiative and are responsible for compliance with applicable local laws and regulations. Nothing on this site shall be considered the provision of investment advice, or a solicitation to buy or an offer to sell a security to any person in any jurisdiction where such offer, solicitation, purchase or sale would be unlawful under the securities laws of such jurisdiction.