Independent diligence, run the same way every time.
Independent, conflict-free diligence and deal sourcing for funds evaluating debt investments.
Scope
Nexterra provides independent diligence and deal sourcing to funds evaluating debt investments — private credit vehicles, direct lending funds, and regulated structures such as ELTIFs. Coverage spans term loans, convertible debt, and other private credit structures, with primary reach in Europe and the ability to extend into the US through UK or Irish structuring.
This is a service engagement, not a co-investment — Nexterra takes no position in the deals it diligences. Conflict screening runs as a formal step on every engagement.
A fixed taxonomy, not a blank page.
Every engagement draws from the same set of workstreams, scoped to what actually applies to the deal. Each workstream produces findings in the same format: issue, significance, timing impact, recommended action, classification.
Credit & Financial
Cash flow, debt service coverage, historical financials against projections.
Legal & Structural
Loan documentation, security and collateral perfection, existing liens, cross-border structuring.
Commercial & Market
Sector dynamics, competitive positioning, customer concentration.
Management & Governance
Key-person risk, governance quality, track record.
Regulatory & Compliance
Sector-specific exposure — licensing, zoning and environmental, data protection.
Collateral & Asset
Valuation, title, and condition of secured assets, where applicable.
Tax
Cross-border structuring implications across the relevant jurisdictions.
Conflict Screening
Run as a documented, formal check on every deal — relationships, positions, and prior dealings with the counterparties.
Four steps, every engagement.
Intake
A structured deal profile — type, size, sector, geography, timeline, and any diligence already completed.
Scoping
We determine which workstreams apply and at what depth, and return a scoping memo with fee and timeline.
Execution
Each applicable workstream is run against a standardized issue-checklist, not built from scratch per engagement.
Reporting
Findings roll up into one diligence memo: overall recommendation, material issues ranked by significance, and recommended terms.