Loan Credit Track Record

Founded in 2002, Avoca has one of the longest track records of investing in European leveraged loans

• Pioneers of the European leveraged loan fund market - Avoca’s founders Chairman Donal Daly and Chief Executive Alan Burke have over 19 and 17 years respectively in the asset class. The remaining members of the Management Team have an average experience of 14 years in the asset class. For further information on our Management Team see Our Team.
• Deep credit experience - Avoca’s core investment team has worked together since 1999 and successfully managed credit funds with total capital invested approximately €10 billion
• Superior investment track record – Avoca’s investment excellence has been demonstrated by significant market outperformance in terms of credit defaults and ratings downgrades
• Fund Returns – Our first fund Avoca CLO I B.V was established in 2003 and called in December 2006. This fund delivered an IRR of 17% net of fees to equity investors. 
• Superior performance versus the market benchmark – The Avoca Capital portfolio continues to outperform the ELLI (European Leveraged Loan Index) on a cumulative basis
• Our track record has been instrumental in us winning recent mandates. Click here for further information on these transactions