For private credit funds, infrastructure managers, equipment lessors and other owners of performing contracted credit.
The problem
Asset owners originate and hold contracted credit that performs. Every dollar of it held on the balance sheet is a dollar that cannot fund the next origination.
The usual answers each cost something. Selling assets gives up the economics. Fund-level leverage is limited, priced to the manager rather than to the assets, and usually comes from the same small group of lenders. Waiting for loans to amortize slows the business down.
What we do
Park Street Global works with you to identify pools within your book whose contracted cash flows can support institutional notes. We structure senior secured notes against those cash flows and place them with institutional investors seeking U.S. dollar credit, including investors outside the United States who do not otherwise reach this credit.
You choose what goes into each pool. The assets stay with you, the servicing stays with you, and the economics you want to retain stay with you. The notes are repaid from the cash flows of the pool, not from your balance sheet.
What you gain
Liquidity against performing assets, without selling them.
Capital to recycle into new origination, so the platform can grow faster than its own balance sheet.
A way to manage concentration by sector, borrower or vintage.
A further source of institutional capital alongside your existing lenders, not in place of them.
Our role
Park Street Global does not compete with your banks, warehouse lenders or existing financing partners. Our role is to bring institutional capital that is not already on your books, from investors and markets your current relationships do not reach.
That is the test we hold ourselves to. If we cannot show you capital you would not otherwise see, we have not added value.
How it repeats
The first pool sets the legal, cash control, administration and reporting standards. Later pools reuse them, so each further issuance is faster and simpler than the first, and investors see each new pool through a structure they already know.
A program can be sized to grow with your origination. Individual financings remain possible when a single transaction makes sense, but the aim is a standing relationship in which performing credit moves to institutional capital on a recurring basis.
Where it fits
Pools can be drawn from private credit and specialty finance loans, equipment loans and leases including GPU and data center equipment, contracted infrastructure and energy revenues, and net lease and government lease receivables.
GPU lenders can see how this applies to compute loans on the AI Compute page.
What we look at
A loan or lease tape with balances, rates, amortization, tenor, obligor profile and payment history; the loan and security documents; the servicing and collateral monitoring arrangements; and any existing financing that holds a lien on the assets.
Everything is reviewed in confidence. A first read tells you which parts of the book can be financed and roughly how.