Private Debt, Direct Lending & Private Credit: Investor Considerations for 2020
Private Credit offers the potential for a strong alternative to traditional fixed income but it is important for investors to understand the different types of private credit. In this panel, we will explore the various strategies and their opportunities and risks. We will focus on both the challenges and opportunities in the current pandemic environment.
- Overview of the strategy of each panelists
- Explain the challenges and opportunities your firm has seen in this year of turbulent markets.
- Explain the importance of collateral in your strategy and your firm’s ability to manage that collateral.
- Explain the key drivers of your strategy. What is the expected return and volatility in normal times versus challenging times?
- Outlook for 2021.
Event Recording
Private Debt, Direct Lending & Private Credit Investor Considerations for 2021
Speakers
Mark Fitzpatrick
- Title
- Managing Partner @
- Company
- Glide Capital
- Role
- Moderator
Mark Fitzpatrick has over 20 years experience working with family offices and wealth management firms to build portfolios within alternative strategies. Mark is a co-founder of Glide Capital, which was created in 2015 to assist family offices and wealth managers to more efficiently build portfolios within private credit and other alternative strategies.
Mark is a key member of the Investment Committee, oversees the operations and legal departments and is responsible for developing strategic relationships for the firm. Mark is a CFA charterholder.
Dimitri Sogoloff
- Title
- CEO @
- Company
- Horton Point LLC
- Role
- Panelist
Dimitri is a founder and CEO of Horton Point, an alternative investment specialist firm. Prior to starting Horton Point in 2006, he was co-founder and president of a $3b relative value hedge fund investment firm which he ran from 1992 to 2006, and a convertible arbitrage and equity derivatives trader at several trading firms, including Baring Securities and Spear Leeds. Dimitri helped launch a number of financial technology firms, with several highly successful exits.Dimitri holds a BS in Engineering and MBA in Finance, both from Columbia University.
Jeffrey Marron
- Title
- CEO & Managing Partner @
- Company
- Sheridan Asset Management
- Role
- Panelist
Mr. Marron is responsible for all investment related activities, day to day operations and fund marketing. He also leads the transaction origination functions of Sheridan Asset Management, LLC. During his 18 years, Mr Marron has built a robust contact base that has developed Sheridan Asset Management into a brand name recognized as a lender to the small to medium sized specialty finance company community. Prior to founding Sheridan, Mr. Marron was a Director at Wasserstein Perella’s Alternative Asset Management Group, where he was involved in their Emerging Markets ABS transaction efforts and fund marketing. Before Wasserstein Perella, he was a Vice-President at Nomura Securities International where he was responsible for originating, financing, and distributing $1 billion of specialty finance and real estate related assets. Previously, Mr. Marron was an assistant football coach at the United States Military Academy at West Point. Mr. Marron obtained a B.A. in Communications from Michigan State University in 1986.
Rob Jafek
- Title
- Founder @
- Company
- Boomerang Capital
- Role
- Panelist
Rob has been involved in all phases of Boomerang’s development since its inception and oversees its operations. He previously held various principal investing roles including Head of International Trading for Nicholas Applegate Capital Management and Analyst at Tiger Management. He has founded and managed two alternative investment firms: Plumeria Advisors and Torrey Pines Capital Management. He started his career as an investment banking Analyst at Morgan Stanley. He received a BA in Finance from The University of Utah and a Masters in Innovation and Entrepreneurship from HEC Paris. He is a contributing member to Forbes.com and a member of the Forbes Real Estate Council and teaches business as an Adjunct Professor at the UC Berkeley School of Law.
About
Boomerang Capital
Boomerang Finance, LLC (the “Fund”) has an investment objective of providing income with limited variability in returns. This is accomplished by providing short-term, business-purpose loans secured by real estate in a first lien position with the additional protections of a personal guarantee from borrowers and cross collateralization. All loans are self-originated, and risk managed through careful underwriting, thoughtful portfolio construction and consistent servicing. The majority of borrowers are return clients. Exposure is broad-based, and the Fund is structured as a REIT.
Sheridan Asset Management
Sheridan is an alternative asset based lender and investor focused on investing in credit opportunities in specialty finance. Sheridan originates asset backed loans to, and purchases whole loans, leases and receivables from, specialty finance originators throughout the United States. Sheridan invests in consumer, commercial and esoteric opportunities within the specialty finance universe.
Glide Capital
Glide partners with wealth advisors, family offices and institutional investors to build a customized portfolio, based on the specific objectives of their firm. Glide eliminates the significant financial and time commitment normally required to build a diversified portfolio by providing our clients with manager souring, due diligence, technology, research and a unique structure that allows firms to efficiently manage portfolios through their custodian. Glide has an experienced investment team which has reviewed over 600 private credit managers. Our goal is to provide the wealth managers with a best in class private credit offering which allows them to build better portfolios in an efficient manner. Glide Capital is SEC registered and has over $500 million in assets under management. Glide works with both US and international wealth management firms.
Horton Point LLC
Horton Point is a family office-based alternative asset management firm. We structure customized investment solutions to fit specific investor objectives, and manage an online marketplace of external alternative funds. Our marketplace provides investors with a one-stop customized multi-manager solution with an added layer of operational oversight and transparency, without a double layer of fees. Other products include tax-advantaged and structured solutions, private lending, and special purpose vehicles for hard-to-access investments. We service qualified investors and their advisors.