Beyond Traditional Credit: Asset-Based Investing for Modern Portfolios – Neuberger Berman – 10.1.25

Summary:

On Demand CE
The asset-based credit market is creating compelling opportunities for individual investors as banks pull back. Hear from industry leaders as they break down the fundamentals of asset-based credit investing, how it differs from traditional credit strategies, important market trends, and practical steps for incorporating asset-based credit into portfolios.

The webinar will cover:

• Key differences between asset-based credit and traditional credit investing.
• The asset-based credit market today.
• Tips for advisors incorporating asset-based credit into portfolios.

Accepted for 1 CFP / IWI / CFA CE Credit

Speakers:

Peter Sterling, Managing Director, is Head of Neuberger Berman’s Specialty Finance team and a member of the Investment Committee. Prior to joining the firm in 2018, Peter served as President of Coastland Capital, an asset manager within the relative value and specialty finance strategies. Peter served as the Portfolio Manager for Coastland’s specialty finance vehicle which invested across consumer and small business loans/receivables with an emphasis on the Fintech space. The group underwrote and purchased several hundred million dollars of varying assets across the whole loan, receivable, and securitized ABS markets. Prior to joining Coastland, Peter underwrote and purchased non-performing loan investments within the consumer and commercial credit card industries. From 2001-2005, Peter served as a Portfolio Manager focusing on credit arbitrage strategies at Marin Capital and previously at KBC Alternative Investment Management Ltd., a multi-strategy asset manager with several billion dollars under management. During his tenure, Peter co-managed a large credit portfolio large focused on capital structure arbitrage. Previous to that, Peter was initially hired into D.E. Shaw’s Financial Products group which was subsequently sold to KBC Bank, managing their U.S. convertible bond arbitrage portfolio. Prior to that, Peter traded equity derivatives for Gateway Partners on the floors of the American and Philadelphia Stock Exchanges. Peter received a BA with a dual major in Economics and Psychology from Cornell University.

Shannon Saccocia, CFA, is Managing Director and Chief Investment Officer – Wealth for Neuberger Berman. As a member of the firm’s global Asset Allocation Committee, Ms. Saccocia works closely with investment leadership across Neuberger Berman to establish market views, strategic and tactical asset allocation, and portfolio recommendations. She leverages her deep expertise and decades of experience working with individuals, families, financial advisors and small institutions to deliver the firm's comprehensive investment capabilities to Wealth clients. Prior to joining Neuberger Berman in 2023, she was the Chief Investment Officer for five years for SVB Private and Boston Private Wealth, which SVB acquired in July 2021, overseeing portfolio construction, asset allocation, third-party manager selection, equity and fixed income portfolio management, performance and trading. Previously, she held senior roles at Banyan Partners and Silver Bridge Advisors focused on manager selection, asset allocation and portfolio construction.

Shannon received her BA in Economics and History from Brandeis University, and has been awarded both the Chartered Financial Analyst and Certified Investment Management Analyst^® designations. Ms. Saccocia is a longtime CNBC contributor and is regularly featured in the financial media. She resides in the Boston area with her husband and two children.