GLOBAL INVESTMENT INSIGHTS

Thomas Kyriakoudis is a Partner and Co-head of credit solutions at LGT Capital Partners and he is responsible for managing the private credit exposure of the LGT endowment.

Recently, rapid increases in interest rates, the reversal of QE and well publicised banking failures are having a profound impact on assets in the private credit industry. The balance of supply and demand has altered in favour of lenders and away from borrowers.

As some companies come under pressure from higher rates combined with cost inflation there is likely to be more opportunity to invest in the stressed/distressed credit market.

There are also a number of opportunities emerging from providing liquidity to the very large amount of capital in existing PE funds where exit activity is significantly reduced. This would include product like NAV lending.

Thomas will present on the emergence of NAV based financing as an investment opportunity and the key considerations for investors at Global Investment Institute’s upcoming Private Credit Roundtable, taking place on Thursday, 4 May 2023 at The Residence - Grand Hyatt Melbourne, Victoria.

Registrations close this week. To register your interest in attending, click here or for more information email zlatan.kapetanovic@globalii.com.au.

“Recent economic events and market volatility signal that we are clearly in an unfolding global credit cycle. The issues in credit are now significant enough to drive the tighter linking of interactions across the market that make a cycle spread, in our experience, from one segment to another. This is the essence of a credit cycle; problems, when they occur in large enough parts of the market, create more problems. Credit standards tighten, availability goes down and costs go up, drawing more sectors of the market into stress.”

Ilfryn Carstairs is the Chief Executive Officer and Co-Chief Investment Officer of Värde Partners, a leading global alternative investment firm specialising in credit and credit-related assets.

Ilfryn will share current views on the credit cycle and explain why we are in the midst of one of the richest environments for opportunistic credit investing. He will discuss how investors can pursue the best relative value across both public and private markets globally when he presents at Global Investment Institute’s upcoming Private Credit Roundtable, taking place on Thursday, 4 May 2023 at The Residence - Grand Hyatt Melbourne, Victoria.

To register your interest in attending, click here or for more information email zlatan.kapetanovic@globalii.com.au.

David leads the direction and development of Northleaf’s global private credit strategies and serves on its Executive Committee overseeing their broader private markets platform.

David will discuss the evolution of the private credit asset class, from an extension of the private equity asset class to an established and growing asset class within fixed income, and the key factors to achieve long term performance outcomes, at Global Investment Institute’s upcoming Private Credit Roundtable, taking place on Thursday, 4 May 2023 at The Residence - Grand Hyatt Melbourne, Victoria.

To register your interest in attending, click here or for more information email zlatan.kapetanovic@globalii.com.au.

Joe is the Founding Partner of Epsilon Direct Lending, an Australian based non-bank corporate lender and private markets investment manager, providing capital to support growing middle market businesses in Australia and in New Zealand. Epsilon’s team have been active corporate lenders for over a decade, having closed >50 transactions and >AU$1.7 billion of middle market direct lending. 

Joe will present on the opportunity in the Australian direct lending middle market in the context of its relative value compared with offshore markets, at Global Investment Institute’s upcoming Private Credit Roundtable, taking place on Thursday, 4 May 2023 at The Residence - Grand Hyatt Melbourne, Victoria.

To register your interest in attending, click here or for more information email zlatan.kapetanovic@globalii.com.au.

Heath is a Senior Managing Director and Investment Committee member at NXT Capital, a leading U.S. middle market direct lending firm. He oversees capital market activities with an emphasis on structuring transactions, originating opportunities with direct lenders, and analysing market intelligence.

Heath will present on why now is a good time to deploy capital into the U.S. private debt market, at Global Investment Institute’s upcoming Private Credit Roundtable, taking place on Thursday, 4 May 2023 at The Residence - Grand Hyatt Melbourne, Victoria.

To register your interest in attending, click here or for more information email zlatan.kapetanovic@globalii.com.au.