Bluewater Capital is a specialist firm in European private credit. Our business lines structure debt, provide agency and trustee services, and connect mid-market deals to the lenders most likely to fund them.
Get in touchWhy Bluewater Capital
Private credit is opaque because traditional firms make it that way. We don't.
Four business lines, each run as a business, not a side-service. Structuring, agency, trustees, market access.
Deal clarity where the market trades in opacity. Structured data, machine-readable where possible, your data always yours — the foundational layer that makes every other transaction move faster.
Four independent business lines means you get specialist depth in the one you need and trusted insight in the three you don’t.
Who we work with
Projects come from everywhere — sponsors backing sector expertise, business owners looking to grow, lenders deploying capital into opportunity, agents making deals happen. We work with all of them because we’re agnostic about the shape of the deal. No conflicts, no house view, no preference for one party’s outcome over another. Just the mechanics of getting it done.
Sponsors backing sector expertise with capital and conviction. We give them the structuring and agency infrastructure to put a deal together without building the back office.
Business owners and management teams raising debt to grow. We help shape the structure and connect the raise to the lenders whose appetite actually fits.
Funds and institutions deploying capital into private credit. We give them clean documentation, independent agency and trustee cover, and deals that arrive ready.
Placement agents and credit intermediaries. We equip them with deal-ready data and work alongside them, never around them.
Structuring
Every borrower needs a vehicle to reach the capital markets — a debt security, a private placement, a syndicated loan, a convertible. The vehicle's only job is to get you funded, so we keep it simple and fit-for-purpose, not over-engineered. Sixty years of combined industry experience, nine years of clean operation, zero regulatory friction. Simple structures. Fast execution. Fundable deals.
Agency
Independent facility agent, payment agent, calculation agent, covenant monitoring, registrar. Run as an active business line not as a side-service. Bilateral and small-club structures, published pricing, no conflicts. Bespoke solution depending on covenant complexity and reporting cadence. Comparable institutional providers don't publish their rates because their rates assume institutional deal sizes.
Security Trustee
Independent trustee for UK and European debt transactions. Holding security on behalf of lenders and acting on enforcement. Replacement appointments accepted where incumbents are exiting or unable to act. Conducted through Blue Water Trustees Limited (Companies House 12780682), supervised under HMRC's Money Laundering Regulations Trust or Company Service Provider regime.
Market Access
There's over £600bn of private credit hunting deals — but the lenders who'll fund yours, on terms you can live with, are a specific few, and how they choose changed inside a year. Their credit teams now run the first pass with AI, in minutes, on data their models can read. Find them blind — or send a deal those models can't read — and you overpay or land the wrong partner. We know this market and how it assesses now, and we make your deal legible to it: ingestible, current, your data always yours. And where you need a route to those lenders, we bring on the placement agent best placed to carry it — paid only on capital raised.
