Private Credit

Our private credit strategy is dedicated to providing senior secured loans to European mid-market companies.

Private Credit

As traditional banks retreat from mid-market lending and other private credit funds focus on larger tickets, we aim to address the growing financing gap in this segment with a selective approach designed to provide investors with attractive risk-adjusted returns. Our strategy is based on flexible, non-bank lending solutions for businesses, catering to the specific needs of mid-market borrowers.

Focused investment strategy

Atrato focuses on providing tailored financing solutions to the European mid-market – a segment we believe is under-served. We leverage our team’s long-standing relationships and agile, sustainable investment platform to offer flexible lending options, unencumbered by legacy positions.

Why Atrato

Mid-market focus
We concentrate on lending to mid-sized European companies - a market with significant unmet demand for private credit solutions
Bespoke solutions
Our loans can be structured to meet the specific needs of our borrowers, focusing on senior secured lending for a balanced risk-return profile
Differentiated sourcing strategy
Our extensive network of relationships enables access to less competitive deal flow, providing us with attractive opportunities
Rigorous credit underwriting
We apply a thorough, fundamental approach to due diligence, credit analysis and structuring, ensuring robust risk management
Co-investment opportunities
Atrato’s platform offers investors the opportunity to co-invest in select transactions

The European mid-market opportunity

We believe that the European private credit sector is undergoing a significant transformation, with a 21% CAGR over the past decade compared to 14% in the US.

With European banks reducing their lending to mid-market companies, due to regulatory changes and risk aversion, we estimate a c.€1 trillion addressable market across more than 226,000 European mid-market businesses.

As mainstream private credit funds increasingly focus on larger transactions, due to pressure to deploy capital, this creates a unique opportunity for Atrato to step in and provide essential capital to this under-served market.