PDM is an asset management company owned by its partners and focused on investing in private credit.
Supporting businesses across all sectors
At PDM, we finance businesses across a wide range of economic sectors. We understand what is needed to manage capital efficiently and realise a company’s potential for future growth.
Our funds seek to provide credit solutions to successful, medium-sized European businesses. We invest capital on bespoke terms since we believe that no two companies look the same. Since inception in 2007, our funds are proud to have provided over €4.5bn of capital to over 100 businesses in 12 European countries. We have supported companies across diverse industries from publishing, theme parks, cinemas and restaurants, to industrial gears, software providers, sofa retailers and aerospace suppliers.
The PDM funds are privileged to be backed by a group of blue-chip investors. These include pension funds, insurance companies, endowments and family offices in the US, Asia, Middle East and Europe. Each of our strategies seeks to achieve stable and attractive risk-adjusted returns through all types of market conditions.
Direct lending strategy
We understand what it takes to build a great business, and pride ourselves on acting as a true partner to families, owners and entrepreneurs undertaking this challenge. The PDM funds support growth across Europe and help businesses to realise their goals. In many cases, we are also able to provide advice and guidance borne from years of experience, as well as connections to most influential European business leaders. We can also seek to leverage the wealth of knowledge that exists within the wider Permira group.
When the PDM funds invest in a business, we take all the relevant factors into account, and decisions are made by people rather than computers. We look for ambitious companies with a history of success, and our funds typically provide long-term capital for five years or more. The companies we partner with have real day-to-day access to the decision-makers in our business – an approach that has proven to drive growth time and time again.
Structured credit strategy
Our structured credit business provides long term capital to CLO managers in both the primary and secondary capital markets. This strategy relies on the excellent risk/reward characteristics inherent in senior secured debt, typically issued by larger leverage buyouts. We specialise in the most junior parts of the capital structure especially equity where our credit-led approach provides the greatest differentiation.
CLO management strategy
Building from more than 10 years’ experience as a European credit investor, across broadly syndicated transactions, direct lending and structured credit PDM has relaunched a CLO business with a dedicated team of 40 professionals. This platform invests in broadly syndicated loans and bonds that are issued to support global private equity companies.