Voya Investment Management Acquires Czech Asset Management, L.P. (CAM)
At Voya IM, continuing to build out our range of innovative, private markets and alternative capabilities has been a strategic focus and growth driver for our firm and the industry at large.
"Voya’s client-centric, collaborative culture and its compelling investment track record are consistent with CAM’s values, and we look forward to supporting the continued growth of the Voya direct lending platform in the years to come and to the benefit of current and future clients."
- Steve Czech, Head of Private Debt Middle Market
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Expanded Private Credit Capabilities
Leading private credit manager dedicated to the U.S. lower middle market with approximately over $5B* capital raised and $4.5B* deployed since inception |
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Expert, Long-Tenured Loan Sourcing Team
Senior investment professionals averaging 30+ year of direct lending experience generating ~200 deals annually through established sponsor, investment bank and business credit relationships |
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Extensive Institutional Relationships
Recurring and diverse client base comprised of public and private pension funds, endowments, foundations, HNW individuals, Taft-Hartley plans and religious organizations |
Welcoming CAM's Experienced Team
CAM’s experienced loan sourcing and investment management team will complement Voya IM’s leading fixed income capabilities and accelerate the growth of our existing private credit franchise. CAM specializes in providing privately negotiated first lien floating rate senior secured loans primarily to lower U.S. middle market companies, with more than $5B* of committed capital across multiple commingled vehicles since its founding in 2011. Voya IM’s larger private credit franchise covering a broader spectrum of direct lending capabilities will enable broader lending capabilities to our borrowers and wide-ranging product solutions and investment opportunities to our investors.
"The completion of this transaction marks an important milestone in our broader growth plans and focus on expanding our private markets and alternative capabilities to meet the growing needs of our clients. We are excited to work with Steve Czech and the entire CAM team to provide cutting-edge solutions and additional capabilities for our global client base."
- Christine Hurtsellers, Chief Executive Officer, Voya Investment Management
Disclosure
*Source: Czech Asset Management, L.P.