MBI/TEC Private Debt Opportunities Fund I, LP has recently held a third close, bringing total capital commitment to $★Subscriber ONLY content: read our research and get insight on this and other deals. We offer monthly or yearly recurring or one-time trial subscriptions. Subscribe today and see what you have been missing! ★
MBI/TEC Private Debt is a partnership between Montrusco Bolton Inc. (MBI) and Third Eye Capital (TEC), offering “an absolute return solution with low correlation to markets” to institutional investors.
MBI/TEC Private Debt overview
- Unique approach: Expertise in private debt and corporate management/operations
- Portfolio of private loans to middle-market companies
- Advice to businesses helps increase returns by participating in their growth
- Closed-end fund (6 years): Captures the illiquidity premium and reduces negative carry from cash drag to increase returns
- High yield within a secured loan portfolio
Founded in 2005, Third Eye Capital specializes in providing innovative debt financing solutions to primarily middle-market Canadian companies that are overlooked or underappreciated by conventional sources of capital.