Episode 307: Cathy Bevan of Benefit Street Partners: Seeking structure and design in credit, careers and life

Cathy Bevan is Head of Structured Credit at Benefit Street Partners.  She has spent most of her career in credit structuring with roles on the sell side and buy side.

Our conversation starts with her university study of math, and the career trajectory which was not specifically planned but assumed its own momentum quite quickly. We speak about the details of structured credit, how it appealed to her, and why it represents an attractive opportunity set today.

In examining career trajectories we look at the importance of taking risks, moving outside one's comfort zone and winning the trust of leaders who may ultimately encourage bold moves. We speak about enjoying the journey, not just the destination, and about the way the industry has changed for the better, but still have space to change some more.

Thank you Eagle Point Credit and Benefit Street Partners for supporting this series!

With over $12 billion of AUM, Eagle Point Credit Management is a premier investment firm focused on generating strong returns for its clients through sourcing, evaluating and executing investments in CLOs, Portfolio Debt Securities and other credit investments that it believes shave the potential to outperform their respective markets generally.

Benefit Street Partners is a leading global alternative credit asset manager offering clients investment solutions across a broad range of complementary credit strategies, including direct lending, special situations, structured credit, high yield bonds, leveraged loans and commercial real estate debt and equity. As of December 31, 2024, BSP-Alcentra had $76 billion of assets under management.