News & Research
< Back to latest news
The SOLO approach that’s a partnership
LCM Partners completes hat-trick of wins at Private Debt Investor’s 2018 awards
London, 1 March 2019
Following previous successes in 2015 and 2016, LCM Partners has been named Distressed Debt Investor of the Year – Europe for the third time at the Private Debt Investor 2018 awards.
The PDI Awards are the only independent industry awards voted for the industry, by the industry. This year there were 45 award categories split across four geographies: Global, Americas, Europe and Asia-Pacific. Winners were selected based on votes received from private debt industry participants and the institutional investor community.
Since the LCM Credit Opportunities III strategy’s final close in October 2016, with €2 billion of commitments from North American and European institutional investors, the firm’s focus has been on deploying capital in attractive risk-adjusted transactions that meet the strategy’s target rate of return. Looking ahead, with the existing product’s investment period coming to an end in July 2019, LCM plans to launch the LCM Credit Opportunities 4 strategy in the second half of the year.
Paul Burdell, CEO of LCM Partners, said:
“It is an honour to have been voted European Distressed Debt Investor of the Year for the third time. We have been an ever-present investor in performing, rescheduled and non-performing consumer and SME loans over the last 20 years and this award is testament to the pan-European origination and asset management network we have developed which now spans over 750 people in 11 offices and seven countries. However, we must not stop here. It is an exciting time for this strategy and we will continue to invest in our business to ensure we are well-positioned for the opportunities we expect to develop in the years ahead”.
Paul D Burdell
T: +44 203 457 5060
T: +44 203 198 8637
Notes to Editors:
LCM is a leading European alternatives asset manager based in London, which specialises in whole loan consumer and SME credit portfolios. Offering unrivalled expertise in investing in and managing credit portfolios, LCM has approximately €3 billion of drawn and/or committed capital and has invested in over 2,500 portfolios of performing, re-scheduled and non-performing loans.
LCM has won several investment industry awards, including European Pensions’ Alternatives Investment Manager of the Year 2017 and a hat-trick of wins as Private Debt Investor’s European Distressed Debt Investor of the Year (2015, 2016 and 2018). These awards are testament to the track record the team has built, delivering an unleveraged IRR of 14.4% since 1999.
LCM is currently deploying capital for its LCM Credit Opportunities III strategy, for which fundraising closed in 2016 and launched its Strategic Origination and Lending Opportunities strategy ‘SOLO’ in March 2018.
For more information, please visit LCM’s website at www.lcmpartners.eu.
LCM Partners Limited (8044232) and LCM Capital LLP (OC 357678) are registered in England and Wales with registered offices at The Peak, 5 Wilton Road, London, SW1V 1AN. LCM Partners Limited (FRN: 706257) is an Appointed Representative of LCM Capital LLP (FRN: 534658) which is authorised and regulated by the Financial Conduct Authority. LCM and LCM Partners are the names under which these entities provide investment products and services. The information on this site is issued and approved by LCM Partners Limited. We may record telephone calls for our mutual protection and to improve customer service. ©2023, LCM Partners Limited.