U.S. High Yield Private Credit.
Built for Canadian Advisors.
U.S. High Yield Distributions with Low Volatility
Why Steepe & Co.
Our Philosophy: Stay conservative. Get paid.
First Lien
Investments are secured with first lien positions for maximum repayment priority.
Hard Assets
Loans are secured against tangible assets to protect investor capital.
Non-Levered
Focused on non-levered investments to reduce risk and volatility.
Senior Secured
Ensures capital is secured at the highest rank in the repayment hierarchy.
Short Term Loans
Prioritizing short-duration loans for liquidity and reduced market exposure.
Borrower Fees Paid to the Fund
All borrower fees are passed directly to investors to maximize returns.
Steepe & Co. is an Investment Fund Manager (IFM) offering a series of Canadian private credit funds invested in select U.S. fund managers.
How it works
IFM, EMD
Steepe & Co
USBLF
USMFT & LP
USBLF
USBLF
Canada
USA
U.S. Based Fund Manager, Private Credit, Direct Lending & Private Mortgage Funds
Our Funds
Focused on U.S. Private Credit, Direct Lending and Short Term Mortgages.
RSP Eligible Canadian Fund Trusts
Invest Directly with the U.S. Manager
.png)
small-img.jpg)
Educational Materials
CIRO Continuing Education Courses
.jpg)
Market Insights
Four Essential Tips for Navigating Private Credit
Michael Steepe
November 25, 2024
In today’s financial world, private credit is a growing space, but it’s not without its risks. If you’re an advisor, there are four things you should always keep in mind when looking at private funds.
Recent Posts
Stressed and Distressed Markets: Opportunities Amid Economic Uncertainty
Michael Steepe
March 19, 2025
When it comes to private credit, the U.S. lower middle market offers a significant yet often overlooked opportunity. Here’s why this segment is so compelling for lenders and investors alike.
The Discipline Behind Private Mortgage Fund Success
Michael Steepe
February 12, 2025
When it comes to managing private mortgage funds, the most critical skill isn’t chasing returns—it’s exercising discipline. This is especially true when assessing risk.
Why Understanding Defaults is Crucial in Private Mortgage Funds
Michael Steepe
February 3, 2025
Defaults. It’s the word that often sends a chill down the spine of investors. But here’s the thing—defaults aren’t inherently bad, and in private mortgage funds, they’re often misunderstood.
President & CCO
Michael Steepe
Request a personal consultation with Michael Steepe,
a trusted leader in private credit.
Or contact Steepe & Co. directly here.
