Manager outlooks, explainers and podcasts on direct lending, asset-based finance, BDCs and evergreen credit funds. Selected by our editors.
30 videos and podcasts · new this week: 7
It is a practitioner-level discussion of how rates, inflation and credit selection are being framed inside a large fixed income manager, including where the speaker sees investors being paid for risk. Useful for advisors weighing duration, securitized exposure and private credit in client portfolios.
For wealth professionals evaluating senior loans or private credit exposure, the episode sets out one manager's framing of income potential and credit-cycle risks. It also highlights underwriting discipline and diversification as considerations in the asset class.
The episode is a sitting with a senior executive at a large alternatives manager about how private markets products are distributed and supported in the wealth channel. Advisors who allocate to alternatives may find the discussion of education, access and portfolio design relevant to their own evaluation of platforms and managers.
It bundles equity and fixed-income views into one discussion, including where valuations look stretched and what rising rates and private-credit strains are said to mean for fixed-income investors. Advisors comparing their own positioning against a large research shop's house view can use it as a reference point.
For wealth professionals assessing private credit for retail clients, the episode frames due-diligence questions around valuation opacity, liquidity terms, loan covenants and leverage. It is grounded in the described shift of private credit into retail portfolios and the risks advisers may need to examine.
It offers a manager's framing of lending terms and legacy risk in direct lending, background for advisors assessing private credit exposure for clients.
Wealth professionals working with private markets may find the discussion useful for understanding the data and operational challenges facing GPs and LPs, as well as how transparency and secondary trading could shape private markets.
For advisors weighing concentration risk and taxable portfolio changes, the episode offers a manager’s view on broadening equity opportunities and on the operational and tax considerations that come with adding alternatives or private credit.
For wealth professionals working with ultra-high-net-worth families, the discussion sets out when PPLI is proposed and common pitfalls, including that more than half of the prospects Jay Judas evaluates are better served by another solution or nothing. It also explains why tax-inefficient assets and irrevocable trust ownership are central to the structure.
Music royalty securitization sits within asset-backed finance, a corner of private credit that allocators increasingly encounter, and the episode frames AI as a question mark over how catalog cash flows are valued. It is a short primer on how one niche ABS market is described by the reporters covering it.
For wealth professionals allocating to private markets, the episode frames private credit and private equity risk through incentives and the visibility of risk as markets mature. It offers a historical lens on how speculative structures can develop before risks become apparent.
New manager videos, podcasts and our own private credit stories on My Desk and in your morning edition.
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