CORDET is an experienced alternative credit investor committed to enabling transformational growth in Northern-European mid-market businesses and to delivering attractive risk-adjusted returns for our investors. CORDET is an “all-weather” investor that participates exclusively within our circle of competence with a particular focus on ESG matters and mega trends.
We seek to lend €5-30m per investment to borrowers that generate €2-15m in EBITDA, typically as the only or controlling term debt provider. We are focused on five key sectors: business services, healthcare, financials, industrials and consumer.
Founded in 2013, CORDET is independent, and partner owned with 24 professionals across offices in London, Stockholm and Luxembourg.
CORDET’s next fund (CDLF III) will follow the strategy of the earlier vehicles with a gross IRR target of 10-12%. The current fund, CDLF II, has already provided capital across +15 investments and continues to identify a strong pipeline of investments. To date, CORDET has arranged over EUR 1 billion across its funds, SMAs and co-investment vehicles.