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Reorg Radio

The Reorg Primary View: Middle-Market Financing, the Post-SVB Opportunity Set and Lending Against IP

Apr 24, 2023
32:43
Snipd AI
Andrew Sung, head of research at Atlas Credit Partners, discusses middle-market financing, post-SVB opportunity set, and lending against intellectual property. They explore investment strategy in changing credit environment, lending to growth companies with IP portfolios, unique lending model, deal sourcing, and updates on business and finance sector.
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Podcast summary created with Snipd AI

Quick takeaways

  • Atlas Credit Partners provides debt financing solutions to middle-market businesses unable to access traditional bank financing, filling the gap left by larger asset managers.
  • Atlas Credit Partners focuses on lending against intellectual property, offering strategic finance to growth companies with heavy IP portfolios.

Deep dives

Opportunity in Middle Market Space and Bridging the Gap

Atlas Credit Partners is a Houston-based special situations credit fund that focuses on middle market private credit, direct lending, and public market distress debt investing. Their unique thesis is to invest in great businesses in transition in the middle markets that are unable to access traditional bank financing. They fill the gap left by larger asset managers who focus on larger investment sizes, while Atlas Credit Partners targets overlooked businesses requiring capital deployments of $50 million to $150 million. Their approach combines flexibility between private and public credit markets, depending on the opportunity, and takes an active approach to private credit by forming long-term partnerships with management teams.

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