IX-CORE
The four books
Private credit
Not built
Direct lending
Senior secured, bilateral
No issuer yet
Asset-based finance
Receivables, invoice, trade
No issuer yet
Real-estate debt
Property-secured loans
No issuer yet
Mezzanine
Subordinated, junior capital
No issuer yet
Distressed
Stressed and defaulted debt
No issuer yet
Special situations
Complex, time-sensitive capital
No issuer yet
Venture debt
Loans to venture-backed cos
No issuer yet
Equipment leases
Planes, ships, trucks
No issuer yet