Czech Asset Management, L.P.

Overview

Czech Asset Management, L.P. is a private credit investment manager specializing in senior secured credit investments for middle-market companies in the U.S. and Northern Europe. The firm focuses on providing customized direct lending solutions, including first lien revolvers, first lien term loans, second lien term loans, and unitranche loans, with typical investment sizes ranging from $25 million to $170 million per loan. Their target companies typically have annual revenues between $75 million and $500 million and EBITDA between $7.5 million and $50 million. The firm's investment strategy emphasizes capital preservation and attractive risk-adjusted returns for investors. They employ a selective, highly structured, disciplined, and repeatable underwriting process to identify high-quality opportunities aligned with their investment objectives. Czech Asset Management, L.P. targets borrowers that generate positive and stable (or improving) cash flow, allow the firm to reside up to 5x LTM EBITDA in the capital structure, provide multiple secondary repayment sources, enable the firm to hold the entire tranche of debt invested in, and are not reliant on external capital to service debt. Czech Asset Management, L.P. has managed over $5.5 billion of committed capital since inception, focusing on sectors such as manufacturing, transportation, distribution, and business services. Their investor base includes public and private pension funds, endowments and foundations, ultra-high-net-worth individuals, single-family and multi-family offices, religious organizations, and Taft-Hartley plans. The firm's corporate mission is to generate attractive risk-adjusted returns for investors, provide solutions to investors and borrowers, and develop long-term, mutually beneficial relationships with investors, borrowers, and stakeholders.

Investment Focus

• Positive and stable (or improving) cash flow
• Ability to reside up to 5x LTM EBITDA in the capital structure
• Multiple secondary repayment sources
• Ability to hold the entire tranche of debt invested in
• Not reliant on external capital to service debt