Special Situations

Special Situations strategies aim to offer a high return without a corresponding increase in risk.

Our Special Situations strategy seeks to invest in undervalued, sub-investment grade credit opportunities, primarily in Europe where we believe a long, drawn out deleveraging cycle has only just begun. Whilst we like to focus across the capital structure, we have a special focus on opportunities in the loan space. Today, loans are likely to form the significant majority of the overall investment opportunity and Alcentra is a significant player in this asset class where we have a clear, competitive advantage. Everything we do is focussed on value. Importantly, we believe this provides our investors with the potential to achieve attractive returns relative to a given set of risks. This is critical from a capital preservation perspective.

For further information on the strategy please contact us or for more background information on the Management Team please press here.


  • EuroHedge Awards 2017 Winner
  • Barron’s
  • HFMWeek 2017 - European Performance Awards
  • Global Capital Awards 2016 - Best Institutional Investor in Senior Loans
  • ALT Credit Intelligence 2016 - European Performance Award
  • BarclayHedge 2015 - Ranked #1 in the Distressed Securities Category
  • CreditFlux 2015 - Manager Awards 2015
  • Private Debt Investor Awards 2014 - Deal of the Year
  • Private Debt Investor Awards 2014 - Direct Lender of the Year
BNY Mellon