Brook Hinchman

In this engaging discussion, Brook Hinchman, Managing Director at Oaktree, and Jared Parker, co-head of the team, delve into credit strategies during market volatility. They highlight Oaktree's impressive $16 billion fund aimed at opportunistic investments in liquid credits and rescue financings. The duo explores sectors facing pressure versus those with resilience, like healthcare and telecom. They emphasize the importance of diversification and strategic investment covenants while sharing insights on navigating the evolving credit landscape for higher returns amid uncertainty.

Christina Lee, Co-portfolio Manager at Oaktree, discusses the current landscape of private credit, arguing that recent bankruptcies are isolated incidents. Brook Hinchman, Co-head of North America for opportunistic credit, highlights AI's disruptive impact on software investments and the K-shaped divergence in chemicals and building products. Matt Pendo, Head of Corporate Development, emphasizes the resilience of earnings and the robust structure of BDCs in mitigating bank risks. Together, they explore the importance of meticulous underwriting and emerging opportunities in stressed credit markets.