Private credit refers to loans and other debt financing provided directly by non-bank lenders — such as private funds — to businesses, typically through privately negotiated, non-traded instruments.
It offers borrowers flexible, customised capital solutions, while giving investors the potential for higher yields and diversification — in exchange for accepting illiquidity and higher credit risk. At Nirvesta Capital, we help you access this asset class with discipline.
Every Lender. Every Structure. Every Mandate.
Whether you are lending directly to mid-market businesses or allocating through managed private credit funds, the same disciplined process runs in the background — underwritten, negotiated, and monitored.
Senior secured loans originated directly to mid-market businesses — privately negotiated, covenant-protected, and held to maturity.
Structured capital sitting between senior debt and equity — higher yield potential in exchange for subordination and extended tenor.
Opportunistic credit for event-driven, transitional, or distressed scenarios — where patient capital and structuring skill earn a premium.
Hand-picked private credit funds and co-investment opportunities — filtered by manager track record, strategy fit, and structural protections.
Direct Lending
Mezzanine & Subordinated Capital
Special Situations
Curated Fund & Co-Investment Access
Direct lending is the core of private credit — senior secured loans made to businesses outside the public bond market, negotiated privately and held on the lender's book. The borrower gets speed and flexibility; the investor gets a contractual, covenant-protected yield.
Mezzanine and subordinated capital sit between senior debt and equity — absorbing more risk in exchange for a higher yield and, often, equity-linked upside. Structuring skill matters as much as credit selection here.
Special situations credit targets companies in transition — event-driven, stressed, or distressed — where liquidity is scarce and structuring skill earns a premium. Higher return potential, but it demands deeper diligence and a longer horizon.
Most private credit exposure is accessed through funds. The manager's track record, underwriting discipline, and alignment of interests determine your outcome far more than headline yield ever will.
Private credit pays a higher yield for a reason — you are accepting illiquidity and higher credit risk. Our underwriting framework is built to price that risk honestly, not to paper over it.
Private credit portfolios need deliberate diversification — by borrower, sector, vintage, and structure. Concentration is the single most common source of avoidable loss in this asset class.
Private credit is not a liquid asset class. Capital is typically locked for years, distributions arrive irregularly, and early exits are difficult or expensive. That illiquidity is the price of the yield premium — and it must be planned for, not discovered.