Podcast: Finding Niche Opportunities in Private Credit

Dave Breazzano, Head of the Polen Capital Credit Team, recently sat down with ION Analytics' Giovanni Amodeo to share his insights on the evolution of credit markets, the rise of private credit, and the importance of opportunistic investing.

Highlights:

• Dave summarizes the early days of his career, and how early lessons taught him the importance of underwriting skills, due diligence, and documentation in credit investing.
• Dave highlights the dynamic nature of credit markets, where inefficiencies are constantly being identified and capitalized on.
• They discuss the increasing trend of consolidation in the asset management industry, driven by the need for scale, institutional stability, and the ability to offer a broader range of solutions to clients. He noted that asset allocators seek fewer, more meaningful relationships with managers who can provide diversified investment solutions.
• Dave emphasized the value of an opportunistic approach, where investors can navigate different credit classifications to achieve the highest yield per unit of risk. This flexibility allows investors to adapt to changing market conditions and exploit inefficiencies as they arise.

Overall, Dave's insights highlight the importance of adaptability, opportunistic investing, and discipline in navigating the complex and evolving credit markets.

Watch the full interview here

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