They have global expertise in senior secured loans, high yield bonds, private credit, structured credit, special situations and multi-credit strategies. They focus their skills on the sub-investment grade debt capital markets in Europe and the U.S. Their objective is to deliver strong, risk-adjusted returns that are less correlated, through a complementary suite of traditional and alternative credit strategies. In pursuing this objective, their investment strategy and approach to credit selection are based on intensive fundamental research and credit analysis, combined with active portfolio management to minimize credit losses. Alcentra is part of Franklin Resources, Inc., a global investment management organization operating as Franklin Templeton.