PPMAmerica

PPMAmerica

Chicago, United StatesEst. 1990222 employeeswww.ppmamerica.com
$77.00B AUM
buyoutprivate equityreal estateprivate debt
PPM America, Inc. (PPM) is a client-focused investment manager. PPM has the experience and resources to provide our clients with investment solutions across markets, including fixed income, private equity and commercial real estate. However, like a smaller shop, PPM remains nimble, investment-led and responsive to the opportunities that our teams discover together. Our mission is to deliver specific client solutions and service to investors around the world with the goal of meeting investors’ unique investment objectives. In addition, PPM employees are committed to building our community and supporting local nonprofits that strengthen families and increase economic opportunities.

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Strategies

Private EquityBuyout
We invest in primary funds and co-investments with a focus on middle-market buyout and growth opportunities. Our advantage is highlighted by access to top-tier sponsors, strong and diverse co-invest deal flow, and the ability to invest and gain access alongside our long-term investor base. Our focus for fund investing is primarily on middle-market buyout and growth opportunities, but we also have the ability to take advantage of opportunities in funds focused on secondary or distressed investment types. We work collaboratively with clients with an emphasis on building client portfolios that are diversified by asset type, industry, manager and vintage year in order to manage risk and seek enhanced returns. We actively pursue co-investments through the relationships we have built with top-tier sponsors over the past 30-plus years. Our focus is primarily on management buyouts, recapitalizations, and growth equity opportunities.
Commerical Real EstateReal Estate
Our team was established in 1995 and focuses on commercial mortgage loans, commercial mortgage-backed securities (CMBS), unsecured REIT debt, and other real estate debt investments. Our advantage is highlighted by cross-team collaborations, rigorous credit research, deep market knowledge, strong borrower relationships, a dedicated real estate analytics team, a proactive approach to portfolio surveillance, and an efficient closing process. Our approach to investing primarily considers the location, quality and value of the underlying real estate, along with the financial strength and experience of the owner/operator. Our commercial mortgage loan program seeks opportunities throughout the US in primary markets and strong secondary markets across the five major property types, but with a focus on more defensive sectors such as multifamily and industrial.
Investment Grade Private CreditPrivate Debt
Our private debt capabilities were established in 1991. Embedded within our broader fixed income team, our credit analysts and dedicated private placement team collaborate on both credit and structural points from the onset of every deal. We strive to invest in credits and structures that provide diversification and enhanced covenant protections versus the public investment grade market. Returns are driven by security selection, private premiums and make-whole payments. As a highly-respected market participant, our long-standing network and relationships in the investment community grant us access to the market. Our investment approach combines bottom-up research with top-down sector selection to consistently seek favorable, risk-adjusted results. We believe that the volatility of market prices exceeds that of fundamental asset values. This dislocation creates opportunities for investors with the skilled personnel, infrastructure and insight necessary to identify relative value generated by market inefficiencies.

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