Dirigon
Founders

We wanted a screen this market could trust once the analysis got fast.

Dirigon comes out of two seats. Eric underwrote and valued this paper for a living. Steve allocates to it, and already runs a family office with agents instead of a pile of vendors. What neither of us could buy was a connected view of BDC marks, sourced to the filing, that a person or an agent could actually rely on.

Request access The two of us
A credit underwriter and an allocator.
Where this is going

The first job was matching the loans.

We met on the same deal team at Charterhouse. Eric stayed with the paper. Steve allocates to the funds that hold it, and a couple of years ago he took his family office off Bloomberg and started running the daily research with agents. Private credit was the gap: public filings, sitting there fund by fund, with the same loan marked differently in two 10-Qs.

Agents can already move through research faster than a desk ever could. They still cannot tell a filed mark from a number that merely sounds right. We resolve the borrower, match the facility, and keep every mark attached to the filing it came from. People use the terminal. Agents query the same marks.

Who is building it

Two investors built this.

Eric Court

Co-founder · Credit, valuation and coverage

Eric has spent close to twenty years on the paper Dirigon indexes, from leveraged finance at Jefferies through Atlantic Street, Charterhouse, Trivergance, and four years as a principal at Alignment Credit. He now leads corporate finance and valuation at EY-Parthenon, which means his week is still an argument about what a private asset is worth.

At Dirigon he owns the unglamorous part: the methodology, the issuer identity, and the matching rules that decide whether two numbers on the screen are actually the same loan.

Owns Credit, valuation, and coverage. The methodology, the issuer identity, and the matching rules that decide whether two numbers on the screen are the same loan.

Views are his own and do not represent EY or EY-Parthenon.

  • EY-Parthenon Corporate Finance · Managing Director2022–
  • Alignment Credit · Principal, private credit2018–2022
  • Trivergance Private Equity · Vice President2015–2018
  • Charterhouse Equity Partners · Vice President2013–2015
  • Atlantic Street Capital · Associate2010–2013
  • Jefferies · Analyst, leveraged finance2007–2010
  • Columbia Business School · M.B.A.
  • NYU Stern · B.S.
LinkedIn

Steve Dircks

Co-founder · Platform, data and the allocator's view

Steve runs investment activity for Charterhouse Strategic Partners, a family office, and he is the one who has to defend a mark rather than just publish it. Two years ago he took that desk off Bloomberg and built the research stack in house, with agents handling the daily work of research, monitoring, and reporting.

Dirigon is the same instinct pointed at a market where the data had never been assembled. He owns the path from filing to screen, the terminal, and the API that lets agents work from the same marks a person sees.

Owns Platform, data, and the allocator's view. The path from filing to screen, the terminal, and the API that lets agents work from the same marks a person sees.

  • Charterhouse Strategic Partners · Principal2015–
  • Charter Digital · Founder & Managing Director2017–
  • Charterhouse Equity Partners · Vice President2011–2015
  • Loyola University Maryland · B.A.
LinkedIn

Tell us the name you are stuck on.

Both of us still answer. We will show you who else holds it and how they marked it.

Request access Email the founders
Access is limited and reviewed by hand