Aeon's private credit platform originates across investment grade private placements, direct lending, and private asset-backed finance. Every asset is built to specification - structure, pricing, and terms controlled from inception through bilateral relationships.
Long-term senior secured and unsecured loans to corporate issuers, originated through insurance-focused intermediaries and sourcing platforms. Tenors of 3 to 30 years with maintenance covenants, make-whole provisions, and flexible structuring including delayed draw and bespoke maturities.
Senior secured and unitranche lending to middle market borrowers, originated bilaterally through long-standing sponsor and intermediary relationships. Focus on capital preservation, covenant protection, and hold-to-maturity cash flow durability.
Senior secured exposure to diversified pools of financial and hard assets generating contractual cash flows. Covers consumer, non-consumer, transportation, and infrastructure sectors through bilateral and forward-flow arrangements with specialist originators.
Every asset is built to specification rather than selected from a market. Aeon controls structure, pricing, and terms from inception, with bilateral access providing concession capture not available through standard channels.
Our private credit platform combines proprietary origination, disciplined underwriting, and structural protection. Each position is built to specification rather than selected from a market, reflecting Aeon's focus on control of structure, terms, and risk from inception
We source through long-standing issuer, sponsor, and intermediary relationships, accessing bilateral and primary market opportunities where we control structure, pricing, and terms from inception.
Every position is underwritten individually using deep fundamental analysis, structural review, and downside stress assessment. Cash flow durability, asset coverage, seniority, and covenant protection are assessed under adverse scenarios before any capital is committed.
Multi-year commitments with specialist originators and emerging managers provide priority allocation, spread discounts of 20 to 50 basis points versus public pricing, and customised structural features not available through standard channels.
Assets are originated and structured for permanent ownership. Liquidity is calibrated to capital runoff, not secondary market exit. Every underwriting decision reflects the full life of the investment.
Private credit requires control of structure, terms, and risk from inception. Every position is screened against defined eligibility, underwritten independently, and structured for capital-efficient ownership. The framework prioritises specification over volume and durability over yield.
Every opportunity is screened against defined eligibility criteria covering credit quality, tenor, structure, and capital treatment before detailed underwriting begins. Assets that do not meet eligibility do not proceed to investment committee.
Independent fundamental analysis is applied to every position. We assess cash flow durability, structural protection, and downside scenarios using our own models and assumptions, independent of originator or arranger analysis.
Assets are structured to deliver efficient regulatory capital outcomes assessed at the security level prior to commitment. We target incremental capital-adjusted spread through structure and sourcing rather than incremental credit risk.
Speak to our team about Aeon's private credit platform and how it can support institutional and insurance balance sheet objectives.
Credit research and portfolio insights grounded in structure, risk discipline, and institutional practice.
