Illiquid credit has quickly become a leading force in the world of alternative investments. This growth has led to the development of many different illiquid credit strategies. Each has its own focus and approach, which can make direct comparisons challenging.

The year 2020 brought a renewed interest in these strategies. The economic challenges made many investors reconsider their approach to credit. Despite global efforts to stabilize the economy, there were still sectors with increased debts, wider spreads, and more defaults. This White Paper presents a framework to turn these challenges into new opportunities that offer the potential for higher incomes and strong returns.