CORDET: Best Alternative Credit Investor UK 2022

Since its 2013 launch, CORDET has focused with laser precision on Northern Europe’s alternative credit market. CORDET tailors private debt and direct lending solutions for mid-market companies with a stable record of cash flow. It makes select-few investments per year, taking the time to thoroughly vet prospects and establish longstanding relationships with all stakeholders. CORDET targets companies with annual revenue under €250m and EBITDA between €2m and €15m. It only invests in sectors where it has demonstrated all-weather experience across credit cycles. CORDET’s lending activity fills a gap in the market — and offers attractive risk-adjusted core income-focused returns for institutional investors. CORDET has assembled a team of finance, risk and investment specialists to collaborate with investors and company executives to nurture mutual growth. People-centric policies drive internal development and external engagement. CORDET operates according to Nordic standards and has been cited as a best-in-class employer with indiscriminatory benefits, including generous parental leave. CORDET aligns decision-making with the Principles for Responsible Investment, Task Force on Climate-Related Financial Disclosures and Paris Agreement — and receives top ESG marks from external ratings agencies. It celebrates the sustainability progress made by portfolio companies, like automotive supplier FLABEG transitioning to renewable energies or Trust Payment seeking B-Corp certification and pushing for equality with a 42-percent-female workforce. The CFI.co jury points to CORDET’s reliable past performance, particularly throughout the pandemic, combined with a growing pipeline of partners as justification for claiming the Best Alternative Credit Investor (UK) award — for the third consecutive year in 2022.