Beyond Direct Lending, The Private Credit Spectrum – Nomura Private Capital, LLC – 9.28.23

Summary:

Now On Demand

The private credit markets have expanded dramatically in the past decade, driving more interest from investors and flows into the space. However, even among the early adopters of the asset class, views and allocations are dominated by direct lending. In this webcast, we will spend time exploring the various parts of the private credit markets, educating the viewers on the differences between these sub-sectors, and highlight potential benefits of greater diversification within the private credit spectrum. In addition, we will walk through examples of loans in all four of the major categories of private credit; Asset Based Lending, Specialty Finance, Real Estate Lending, and Corporate Credit.

We will conclude by sharing our latest views on the current opportunities in each category and ways to access these markets.

Speaker:

Matthew has over 19 years of financial services industry experience. Before joining Nomura, he was a Co-founder and CIO of Alterum Capital Partners LLC, where he focused on building an investment management business with a particular emphasis on the intersection of private markets and the advisor community.

Prior to co-founding Alterum Capital Partners, he was an Executive Vice President at Harbor Capital Advisers, where, as Head of Multi Asset Solutions, he led the build-out of a new team and investment capability and served as a member of the Management Committee.

Matthew began his career and spent 17 years at J.P. Morgan Asset Management as a portfolio manager focused on security selection, global market dynamics, asset allocation, and portfolio construction on a range of strategies across Securitized Products, Multi-Sector Fixed Income, and Multi Asset Solutions. Most recently, he was an Executive Director within Multi Asset Solutions, serving as a co-manager on a suite of Multi Asset Income strategies and Head of the Advisory Portfolio Solutions investment team.Before moving into the Multi-Asset space, Matthew spent 14 years as a portfolio manager in the Global Fixed Income, Currency & Commodity group, co-managing a suite of Multi Sector Unconstrained Fixed Income portfolios (income oriented, total return, and absolute return), and had lead responsibility for the securitized products investments within these strategies. Previously, he held portfolio management positions on both the Agency and Non-Agency Mortgage (RMBS) Teams.

Matthew holds a Bachelor of Arts in mathematics from Boston College and a Master of Arts in economics from New York University.