Senior credit

We engage in direct lending to North American middle market companies backed by private equity sponsors. We cultivate long-term relationships with private equity sponsors seeking a consistent source of capital over time.

  • $5.0B

    invested since 2017

  • 183

    issuers

  • 100+

    sponsors

Senior credit

We provide senior credit solutions to finance leveraged buyouts, corporate growth, acquisitions, and balance sheet recapitalizations. Many of our partners consider us a valuable investment partner due to the speed at which we make decisions, our long-term, patient approach toward building value, and our deep investment experience and industry knowledge.

  • Investment criteria

    We seek to support companies with the following characteristics:

    • Headquartered in North America
    • Meaningful competitive position in target markets
    • Favorable free cash flow generation with the capacity for additional cash flow growth
    • Operating and financial flexibility to manage through economic cycles
    • Proven management teams
  • Industry focus

    Our investment team has deep knowledge across a variety of industries, including aerospace and defense, business services, financial and insurance services, healthcare, manufacturing, software, technology, and telecommunications.

Data as at September 30, 2023. Represents senior credit investments made by the PE&C team on behalf of the Manulife Investors and managed third party accounts since inception of the Senior Credit Strategy in 2017.