Invico Capital Corporation

President and co-founder Jason Brooks leads the investment team and sets credit-underwriting policy alongside CEO Allison Taylor. The firm's origination, underwriting, and portfolio management functions are housed internally in Calgary, with no external investment committee. Brooks' oversight since the 2005 founding provides a single decision architecture uncommon among multi-strategy credit managers.

Invico originates loans directly from corporate borrowers, turnaround consultants, and financial-institution workout desks, bypassing brokers that dominate Canadian private-debt distribution. This direct-to-issuer model grants access to credits that are not broadly marketed. The firm also acquires loan portfolios from banks and credit unions reducing non-core exposures — a line of supply that expands when regulatory capital rules tighten.

The Invico Diversified Income Fund is a publicly traded closed-end vehicle that gives retail and institutional investors exposure to the same credit strategies that Invico runs in its private closed-end funds. It publishes quarterly financial statements and portfolio summaries, providing transparency uncommon among private credit managers. The fund invests in a pool of private credit assets originated and managed by Invico Capital.

Invico primarily originates and acquires direct credit positions — it does not operate as a fund-of-funds or allocate to third-party managers. Its deal structures include bilateral first-lien loans, syndicated facilities where Invico acts as lead or participant, and secondary-market purchases of performing and non-performing loan portfolios from Canadian financial institutions.

The firm concentrates on three areas: energy (including service and midstream companies), real estate (particularly light industrial and multifamily), and diversified industries (agriculture, niche manufacturing, and food processing). Invico explicitly avoids early-stage technology, biotechnology, and mineral exploration — any sector where asset coverage is speculative or where enterprise value depends on unproven intellectual property.

Invico's Calgary base and origination history in energy services mean its loan book has been stress-tested through multiple commodity cycles — including the 2014–2016 oil-price collapse and the 2020 demand shock. The firm's credit-underwriting standards evolved to require hard-asset coverage and structure protections that proved effective when energy borrowers entered restructuring. This cycle-hardened underwriting now extends across non-energy credits.

Invico structures most deals as principal credit positions rather than passive co-investments alongside external general partners. In syndicated loans, the firm may act as lead arranger or participant alongside other Canadian and US credit funds, but it does not rely on external sponsors for deal origination or due-diligence lead. This principal posture aligns the firm directly with borrower outcomes.