Credit Solutions Anchored in Real Assets

HSAM’s US Residential Credit Strategy offers investors access to debt investments secured by institutional-quality residential assets across major gateway and innovation-driven markets. Focused on resilient sectors – multifamily, senior housing, student housing, and build-to-rent – the strategy benefits from demographic tailwinds and evolving renter demand. By maintaining controlling credit positions, conservative leverage, and rigorous underwriting, we seek downside protection and attractive risk-adjusted returns, while strong relationships with leading sponsors and institutions provide exclusive opportunities in scalable, defensive, income-oriented credit.

Since inception, Rockwood has committed over $4.9 billion across high-yield, tactical, income & credit, and CMBS strategies. Focused on real estate-backed lending in both residential and commercial sectors, we prioritize downside protection and strong income generation. Leveraging deep expertise and relationships, we identify opportunities where capital is limited but fundamentals remain strong – delivering diversified credit solutions designed for income, preservation, and portfolio resilience.

HSAM’s European Opportunistic Credit Fund Series provides flexible, bespoke asset-backed capital solutions in Europe. It invests across capital structures and geographies based on the opportunity set and economic cycles. The strategy focuses on capital preservation and downside protection through strong asset collateralisation, while retaining the ability to capture equity upside where appropriate, with underlying asset liquidation value serving as a key component of the underwriting process. Investments are typically made in the small to mid-market, a segment that is often overlooked by large institutional funds and smaller private investors, resulting in limited competition and attractive risk-adjusted opportunities.

This strategy reflects HSAM Europe’s established Credit Opportunities platform, formerly managed under the RoundShield brand by the same investment team. The platform is currently investing its fifth vintage of the series.

HSAM’s European Private Debt strategy provides senior secured financing backed by mid-market high-quality real estate assets across Europe. As bank lending parameters become increasingly restrictive, the strategy seeks to generate attractive current income and risk-adjusted returns through economic cycles by focusing on conservatively structured senior loans secured against high-quality assets. Investing across all major property sectors, the strategy emphasises assets with favourable supply-demand dynamics, established institutional investment markets and multiple paths to liquidity. It focuses on real estate assets with in-place cash flow or repositioning and lease-up potential, where business plan execution risk and capital expenditure requirements remain limited.

HSAM’s European Hospitality & Branded Residential strategy invests opportunistically across both real estate private credit and equity, targeting attractive entry points within the luxury hospitality and branded residential sectors. The strategy focuses on leisure-driven branded residential communities anchored by luxury hospitality assets, benefiting from increasing global wealth creation and the significant opportunity presented by Europe’s relatively underpenetrated branded residential market. High barriers to entry, market complexity and the need for deep local expertise create an attractive competitive environment, while the strategy’s exclusive access to an actionable seed portfolio of development projects provides a differentiated pipeline of investment opportunities.