The Credit Clubhouse
Welcome to The Credit Clubhouse — where the world of structured credit, direct lending, asset-based finance, and fund finance meets sharp insights and even sharper wit. Hosted by Todd Anderson, DealCatalyst’s Head of Content, this podcast dives deep into the complex world of alternative finance with a dash of humor and a lot of know-how. Whether you're a seasoned professional or just looking to sound smarter at your next industry event, Todd and his guests will break down the jargon and unpack the trends shaping the future of credit markets — one episode at a time. Grab your headphones; the...Show more
All Episodes
E49 - Credit Crunch Quarterly with Nick Smith of Claret Capital Partners
Sign up for the Credit Crunch Blog - https://www.creditcrunch.blog/ 00:00 - Welcome to the Clubhouse: Private Credit's Current State 02:58 - Why Big Funds Still Rule Private Credit Fundraising 06:56 - KSL's Niche: Capitalizing on the K-Shaped Economy 15:08 - From Evergreen Funds to 401Ks: Expanding Private Market Access 21:35 - Why Investors are Shifting from Private Equity to Credit 26:43 - Howard Marks' Warning: Is AI Creating a New Bubble? 31:05 - Market Bifurcation: Consolidation and the Future of Credit Nick Smith, Portfolio Manager, Claret Capital Partners https://www.linkedin.com/in/nick-smith01/ Todd Anderson, Head of Content & Programming, DealCatalyst - https://www.linkedin.com/in/toddanderson19/
E48 - The Strength of Structured Credit with Michael Nowakowski of Conning
00:00 - Kicking Off the New Year with Michael Nowakowski of Conning 01:21 - Assessing the Current State of Structured Credit Markets Today 03:38 - Uncovering Potential Red Flags in Today's Structured Credit Market 05:44 - How Private Debt is Reshaping Structured Credit Deal Terms 08:43 - Michael Nowakowski Details Conning's Structured Credit Focus 10:15 - The Rise of New Issuers in Digital Infrastructure Securitization 11:52 - Exploring the Blending of Public and Private Capital in Deals 14:01 - Why Esoteric Asset Classes Offer Appealing Opportunities Today 17:25 - Navigating the Risks and Caution in Data Center Investments 22:54 - Discovering Value in Other Structured Credit Asset Classes 25:22How Clients React to Major Market News and Policy Changes 27:35 - Michael's Hobbies, Book Picks, and a Bold Market Prediction 31:24 - Don't Miss Out: Exclusive Conference Offer for Listeners Michael Nowakowski, Head of Structured Products, Conning - https://www.linkedin.com/in/michael-nowakowski09/ Todd Anderson, Head of Content & Programming, DealCatalyst - https://www.linkedin.com/in/toddanderson19/
E47 - Inside the Spread: Volume 2 - Secondaries Market Gains Momentum
In this episode of The Credit Clubhouse, I delve into the latest trends and developments in private credit, focusing on direct lending and asset-based finance. Join me as I explore the dynamic landscape of fundraising within the sector, highlighting significant capital raises by industry leaders like Churchill and Monroe. I also discuss the rising prominence of secondary markets and evergreen funds, as well as the implications of regulatory shifts affecting banks and private credit. With insights into the market's resilience amid fluctuating conditions, this episode provides a comprehensive overview of where private credit is headed in 2026 and beyond. Tune in for valuable analysis and expert perspectives as we navigate this evolving field together.
E46 - Inside the Spread: Volume 1
00:00 - The Credit Clubhouse Welcomes You and Launches "Inside the Spread" 03:44 - A Troubled History: The Host's Buffalo Bills Playoff Agony 06:21 - Examining Global Regulatory Scrutiny on the Private Credit Market 13:21 - Strong Fundraising and the Rise of Evergreen Private Credit Funds 18:39 - Exploring Private Credit Growth in Asia, Middle East, and Secondaries 22:21 - Don't Miss Out: Final Conference Reminders and Go Bills! Todd Anderson, Head of Content & Programming, DealCatalyst - https://www.linkedin.com/in/toddanderson19/