Shard Credit Partners

Overview

Shard Credit Partners is an innovative provider of alternative finance to small and medium-sized enterprises (SMEs) operating in the UK lower mid-market, focusing on companies with an enterprise value below £50 million. The firm aims to address the funding gap left by traditional banks by offering senior secured unitranche loans ranging from £5 million to £25 million per borrower. This approach aligns the income needs and long-term liability profiles of institutional investors, such as insurance companies and pension funds, with the funding requirements of the UK SME sector. The firm's investment strategy is centered on providing bespoke financing solutions tailored to the specific needs of each borrower. Shard Credit Partners offers a range of products, including senior secured unitranche, stretched senior, second lien, mezzanine, and PIK loans, with flexible structures to suit various borrower profiles. The firm targets both private equity-backed and non-private equity-backed direct lending categories, focusing on high-quality, performing companies across diverse sectors. With a team boasting over 80 years of combined professional experience, Shard Credit Partners has sourced, originated, executed, and managed loans totaling £70 billion-equivalent across Europe and the US. The firm's track record underscores its commitment to delivering strong risk-adjusted returns from a low volatility asset class, with historically low default rates. Shard Credit Partners continues to leverage its expertise to support the growth and development of UK SMEs, contributing to the broader economic landscape by facilitating access to essential financing solutions.

Investment Focus

• Minimum EBITDA of £1 million
• UK-based companies
• Excludes businesses operating principally in property/real estate

Portfolio Companies