Portfolio Finance: Private Markets’ Next Great Asset Class?

In the latest episode of Streaming Income, Head of Portfolio Finance, Dadong Yan helps to define and de-mystify the growing opportunity in Portfolio Finance.

Episode Segments:

(03:04) – Defining portfolio finance

(04:23) – Where NAV lending fits in

(06:11) – Core portfolio finance: Private credit, RE debt, secondaries & GP financing

(12:45) – The risk-return spectrum of portfolio finance strategies

(17:53) – How the portfolio finance asset class has developed over time

(19:50) – Accessing portfolio finance

(22:55) – Generating alpha & incremental yields vs. IG asset classes

(28:41) – Where investors are bucketing portfolio finance

(30:44) – How origination works in the asset class

(33:37) – Understanding the competitive landscape in portfolio finance

(38:24) – Final thoughts

Viewpoints papers mentioned in the conversation:

• Surge of the Secondaries: https://www.barings.com/guest/perspectives/viewpoints/surge-of-the-secondaries-financing-growth-in-an-undercapitalized-industry
• Missing a $100+ Billion Annual Opportunity?: https://www.barings.com/guest/perspectives/viewpoints/portfolio-finance-missing-a-100-billion-annual-opportunity

IMPORTANT INFORMATION

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