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
E40: Private Markets are Booming in Ireland with Kevin Canning, CEO, Quintas Capital
In this episode of The Credit Clubhouse, I sit down with Kevin Canning, CEO of Quintas Capital, to explore the booming private credit market in Ireland. We discuss Ireland's unique position as a progressive and wealthy country, its evolving financial landscape, and the significant growth of private markets amidst a struggling public market. Kevin shares insights on how Quintas Capital operates within the mid-market space, the challenges they face, and the exciting opportunities in sectors like real estate and childcare. He also highlights the convergence of public and private markets and the importance of education for high-net-worth investors in understanding private credit. Tune in for a comprehensive look at the dynamics shaping private finance in Ireland today.
E39: The Merging of Public & Private Markets with Brad Foster at Bloomberg
In this episode of The Credit Clubhouse, host Todd Anderson welcomes Brad Foster, head of fixed income and private markets at Bloomberg. They delve into the evolving landscape of public and private markets, exploring how investment-grade borrowers are increasingly turning to non-bank capital. Brad discusses the factors driving this convergence, including speed, flexibility, and confidentiality in capital raising. They also examine the role of private direct lending and the growing interest from limited partners (LPs) in this asset class. With insights into market trends and the potential for secondary markets in private credit, this episode is a must-listen for anyone in the financial services sector looking to stay ahead of the curve. Tune in for an informative conversation that will deepen your understanding of the changing dynamics in credit markets.
E38: Beyond the Double Pledge: Setting a New Standard for Trust with Stuart Wall of Setpoint
This episode is brought to you in partnership with Setpoint, the operating system for capital markets. 01:15 - First Brands and Tricolor failures and what they reveal about the ABF market today 05:08 - Setpoint overview and solving the analog backend 07:03 - What is double pledging, and what happened with First Brands and Tricolor 08:57 - Information accessibility between public and private markets 12:15 - Launching Setpoint Pledge Check 14:48 - The importance of having an independent third party for verification of assets 17:22 - Can double pledging be eliminated? 20:28 - Solving the complex workflows in ABF and moving on from Excel 22:03 - How a private credit ecosystem can become healthy and transparent in the next five years 24:01 - Stuart's entrepreneurship journey and the joy in building new products 26:53 - Fun rapid fire questions and wrap up Stuart Wall, CEO & Co-Founder, Setpoint - https://www.linkedin.com/in/stuartwall/ Todd Anderson, Head of Content & Programming, DealCatalyst - https://www.linkedin.com/in/toddanderson19/
E37: Fund Finance as a Permanent Asset Class with Doug Cruikshank at Hark Capital
00:00 - The Rapid Growth of Fund Finance as a Permanent Asset Class 02:34 - From Niche Product to Permanent Asset Class: A Decade of Change 04:58 - Founding Hark Capital: Solving Post-GFC Equity Problems in the Lower Middle Market 08:06 - Navigating 'Bad Press': How NAV Lending Gained LP Acceptance and Clarity 12:15 - Excitement and Concerns: The Future Landscape of Fund Finance 16:33 - Exploring Underdeveloped Niches and Creative Structural Innovations in Fund Finance 22:45 - The Leap of Faith: Lessons Learned from an Entrepreneurial Journey 26:28 - From AI Poetry to Market Forecasts: Doug's Personal Reflections and 2024 Prediction Doug Cruikshank, Managing Partner & Founder, Hark Capital - https://www.linkedin.com/in/doug-cruikshank-hark/ Todd Anderson, Head of Content & Programming, DealCatalyst - https://www.linkedin.com/in/toddanderson19/