OUR OFFICES OUR CONTRIBUTORS NEWS HUB FRANÇAIS We are PSP Our Performance We are Investors We are a Debt Issuer Work with Us Credit Investments Capitalizing on market opportunities Investing across the capital structure We focus on direct, non-investment-grade credit investment solutions, in both private and public markets as well as on rescue financing and distressed debt opportunities. Our global team in New York, London and Montréal invests in large positions across the capital structure. We balance credit quality, structure, risk-return profile, asset mix and portfolio diversification, among other considerations. Fast facts Over $14.5B invested since inception in late 2015 in more than 100 transactions Portfolio well diversified across geographies, industries, equity sponsors and asset types Global presence in Montréal, London and New York What sets us apart? Flexibility to invest across the capital structure in revolving credit facilities, loans, bonds and preferred equity Rescue finance capabilities Long-term capital view through cycles Commitment sizes up to $1.5B Partnership approach focused on speed and certainty Credit Investments at a glance [In C$ as of March 31, 2021] Net assets under management (AUM) Portfolio income 1-year rate of return Since inception annualized return (4.3 years) VIEW OUR PERFORMANCE Discover where we invest Geographic diversification 72.2% North America 27.8% Europe Sector diversification 29% Technology 18.9% Industrials 14.6% Health care 8.7% Financials 8.6% Consumer discretionary 6% Materials 4.9% Consumer staples 4.8% Communications 2.7% Energy 1.7% Real estate 0.1% Utilities Product split 47.9% First Lien 52.1% Non First Lien Credit Investments in action Investing across the capital structure Company: LYTX Headquarters: United States Investment type: Debt and Equity financing Date: 2020 PSP provided debt and equity financing in support of Permira’s acquisition of Lytx, a market leader in the video fleet management and fleet solution space. This investment represents the fourth time that PSP has invested in the company. Since August 2017, under the previous ownership, Credit Investments participated in two debt financings and PSP also participated in a preferred equity financing. These transactions highlight the value of following businesses that we know and like, leveraging solid private equity relationships, and having the flexibility to invest across the capital structure. Executing on new capabilities Company: The NORDAM Group Headquarters: United States Investment type: Exit debt financing Date: 2019 We were the anchor investor in the debt financing which, along with a minority equity investment from the Carlyle Group, funded the emergence from bankruptcy of The NORDAM Group. The NORDAM Group is a leading global aerospace manufacturer, and these financings enabled the founding family to retain majority ownership. This transaction highlights Credit Investments’ newest capability: debt financing in complex restructuring situations. Our team leader Oliver Duff Senior Managing Director and Global Head of Credit Investments Explore other asset classes Capital Markets Real Estate Private Equity Infrastructure Natural Resources Complementary Portfolio Want to discover how you can experience the edge? Join our team. In the US, Credit Investments operates under PSP Investments Holding USA LLC and its subsidiaries (the “US Entities”). The US Entities are engaged in their own distinct business activities, which are carried out through their own employees. The US Entities are not a registered broker-leader and do not intend to engage in any activities that would require such registration. SITEMAP PRIVACY ACCESS TO INFORMATION TERMS OF USE COOKIE SETTINGS © 2021 PSP INVESTMENTS Use of cookies We use cookies to personalize content and to analyze our traffic. We also share information about your use of our site with our advertising and analytics partners who may combine it with other information that you’ve provided to them or that they’ve collected from your use of their services. You may manage your cookie preferences by accessing the banner on the left-hand side of your screen. For more information on how we process personal information, please refer to our Privacy Notice. Cookies Settings REJECT ALL ACCEPT ALL