Trea Direct Lending ("TDL") is a fund advised by Trea Asset Management SGIIC S.A. (“Trea”), an independent asset management firm with more than €4.2bn of AUM in a different range of investment strategies. Trea is registered by the CNMV and is approved to manage UCIT funds, SICAV, Unit linked and alternative funds in Spain, Ireland and Luxembourg.
As new banking regulations are established and the banks deleveraging process continues, banks have become less active in some corporate credit activities, leaving a large financing gap in Spain, an economy that has been historically very dependent on bank financing.
In this context, TDL offers flexible financing solutions for Spanish small and medium enterprises ("SMEs") that require funding to grow, stabilize or reorganize their businesses.
TDL has the flexibility to invest through different debt instruments including senior debt and senior convertible debt. TDL management team has extensive national and international experience, as well as a deep knowledge of the Spanish market.
TDL aims to generate attractive risk adjusted returns for its investors in the mid and long term, with a strong focus on capital preservation and diversification.