Littlejohn has Invested in the Middle Market for over 21+ years
Littlejohn invests transformational capital in companies undergoing change. We partner with management to grow their businesses, improve operational performance, and build winning teams.
Littlejohn focuses on a limited number of opportunities and looks to develop a strong partnership with management to drive a step-change in growth, performance, and enterprise value. We consistently manage our investments with a long-term perspective, and we have a simple belief that the best tactical and strategic decisions will be made based upon what is right for a company based on this long-term view. Even though we expect our hold period to be four to five years, we operate and invest in our companies as if we will own the company forever.
Investing Across the Capital Structure with Restructuring Experience
Since 2005, our Special Situations team has targeted opportunities in the debt and equity of leveraged or financially distressed companies.
In this strategy, we invest across the capital structure in companies that are underperforming their potential. Our targeted investments, are focused in the middle market, and generally fall into three buckets:
Our core strengths are detailed credit work combined with a thorough understanding of what is involved in taking a company through a restructuring. Additionally, we have strong relationships with intermediaries and advisors and access to our Private Equity teams experience in creating long term equity value.
$2 billion+ AUM Manager
Across the Broad Corporate Credit Market
The performing credit strategy focuses on investing in non-investment grade corporate credit, primarily secured leveraged loans to large corporate borrowers. Investments are sourced in the broadly syndicated loan market, are diversified across industry sectors, and are predominantly to US-based companies. Investment portfolios are managed, principally in the form of collateralized loan vehicles, or CLOs, for institutional investors.
The performing credit strategy seeks to generate current investment income and preserve invested capital through disciplined credit selection and active portfolio management. This strategy has a value-based, fundamental research approach that utilizes the firms’ deep industry, operational and valuation expertise. With a large and diversified portfolio, the strategy offers real-time insights into sector and company trends, providing early identification of investment opportunities for the firms’ other strategies, as well as general credit market intelligence.