Evergreen
Private Credit

Cortland's flagship strategy

Cortland Credit Strategies LP ("CCSLP") is an open-ended private debt strategy offered to Canadian accredited investors looking for low-volatility monthly income and strong built-in principal protection.

The fund invests in short-term senior-secured asset-based loans written to lower middle-market companies located predominantly in North America and Europe. These loans are originated and underwritten by Cortland's in-house investment team.

Performance as of October 31, 2024

7.73%

unlevered
1-year return

0.47%

volatility since inception

Why invest in this strategy?

Pure Play
Private Credit

The portfolio's main exposure is to private loans written to lower middle-market companies. These loans are structured between Cortland and the borrower, tailored to allow for strong downside protection through stronger covenants, credit enhancements, and close monitoring of financial performance.

Inflation Hedge & Duration Mitigation

Cortland structures its loans on a floored-floating basis, which helps the portfolio stay resilient in the changing interest rate environments while earning investors strong real returns with reliable spread over inflation.

Low Volatility & Correlation

The value of our loans is determined on a fundamental basis using the conservative valuation of balance sheet assets. This fundamental approach leads to portfolio returns with low volatility and low correlation to public markets, making private loans an attractive portfolio diversifier.

Cortland's "Credit Box"

1. Senior-Secured

Senior-secured loans occupy the highest rank on the capital stack and are the first to be repaid in the event of default. Learn more about capital structure here.

Senior Debt

Junior Debt

2. Asset-Based

Compared to cash-flow loans, where companies borrow capital based on future projected cash flows, asset-based loans are based on the value of borrower's balance sheet assets.

Asset-Based Loans

Cash-Flow Loans

3. Short-Term

Cortland writes loans with a typical maturity of 12-18 months. The short-term nature of our loans allows for frequent credit decisions and better protection of investors' capital.

Short-Term Loans

Long-Term Loans

Fund Facts

Subscribe to Monthly Fund Updates

Registered Investments

Invest with Cortland via registered accounts with Cortland Credit Strategies RRSP Fund.

Learn More

Private Debt

Private Debt

Evergreen
Private Credit

Cortland's flagship strategy

Performance as of October 31, 2024

7.73%

unlevered
1-year return

0.47%

volatility since inception

Why invest in this strategy?

Pure Play
Private Credit

The portfolio's main exposure is to private loans written to lower middle-market companies. These loans are structured between Cortland and the borrower, tailored to allow for strong downside protection through stronger covenants, credit enhancements, and close monitoring of financial performance.

Inflation Hedge & Duration Mitigation

Cortland structures its loans on a floored-floating basis, which helps the portfolio stay resilient in the changing interest rate environments while earning investors strong real returns with reliable spread over inflation.

Low Volatility & Correlation

The value of our loans is determined on a fundamental basis using the conservative valuation of balance sheet assets. This fundamental approach leads to portfolio returns with low volatility and low correlation to public markets, making private loans an attractive portfolio diversifier.

Cortland's "Credit Box"

1. Senior-Secured

Senior-secured loans occupy the highest rank on the capital stack and are the first to be repaid in the event of default. Learn more about capital structure here.

Senior Debt

Junior Debt

2. Asset-Based

Compared to cash-flow loans, where companies borrow capital based on future projected cash flows, asset-based loans are based on the value of borrower's balance sheet assets.

Asset-Based Loans

Cash-Flow Loans

3. Short-Term

Cortland writes loans with a typical maturity of 12-18 months. The short-term nature of our loans allows for frequent credit decisions and better protection of investors' capital.

Short-Term Loans

Long-Term Loans

Fund Facts

Subscribe to Monthly Fund Updates

Registered Investments

Evergreen Private Credit

Cortland's flagship strategy

Performance as of October 31, 2024

7.73%

unlevered 1-year return

0.47%

volatility since inception

Why invest in this strategy?

Pure Play Private Credit

The portfolio's main exposure is to private loans written to lower middle-market companies. These loans are structured between Cortland and the borrower, tailored to allow for strong downside protection through stronger covenants, credit enhancements, and close monitoring of financial performance.

Inflation Hedge & Duration Mitigation

Cortland structures its loans on a floored-floating basis, which helps the portfolio stay resilient in the changing interest rate environments while earning investors strong real returns with reliable spread over inflation.

Low Volatility & Correlation

The value of our loans is determined on a fundamental basis using the conservative valuation of balance sheet assets. This fundamental approach leads to portfolio returns with low volatility and low correlation to public markets, making private loans an attractive portfolio diversifier.

Cortland's "Credit Box"

1. Senior-Secured

Senior-secured loans occupy the highest rank on the capital stack and are the first to be repaid in the event of default. Learn more about capital structure here.

Senior Debt

Junior Debt

2. Asset-Based

Compared to cash-flow loans, where companies borrow capital based on future projected cash flows, asset-based loans are based on the value of borrower's balance sheet assets.

Asset-Based Loans

Cash-Flow Loans

3. Short-Term

Cortland writes loans with a typical maturity of 12-18 months. The short-term nature of our loans allows for frequent credit decisions and better protection of investors' capital.

Short-Term Loans

Long-Term Loans

Fund Facts

Subscribe to Monthly Fund Updates

Registered Investments

Evergreen
Private Credit

unlevered
1-year return

Pure Play
Private Credit