Our scoring approach is consistent with the investment strategy conducted in each of our businesses and includes a threefold analysis which is central to overall assessment of the projects slated for inclusion in the assets of funds managed by Sienna Private Credit:
- Understanding of the debtor by a credit analyst with solid credit experience acquired in a bank or rating agency
- Understanding of and ability to evaluate the underlying and/or collateral assets
- A particular focus on the loan agreement, its clauses and its legal enforceability, which have a significant impact on the successful completion of operations and, consequently, on the strength of the portfolio and its attractiveness to investors.