
The Credit Clubhouse
Welcome to The Credit Clubhouse — where the world of structured credit, direct lending, asset-based finance, and fund finance meets sharp insights and even sharper wit. Hosted by Todd Anderson, DealCatalyst’s Head of Content, this podcast dives deep into the complex world of alternative finance with a dash of humor and a lot of know-how. Whether you're a seasoned professional or just looking to sound smarter at your next industry event, Todd and his guests will break down the jargon and unpack the trends shaping the future of credit markets — one episode at a time. Grab your headphones; the deals are in the details!
Latest episodes

7 snips
May 15, 2025 • 37min
E11: NAV facilities, private credit & the fundraising environment with Neal Prunier of the Institutional Limited Partners Association
Thanks for returning to The Credit Clubhouse, your one-stop shop for all things credit. We have a special offer for our listeners. If you want to attend any of our conferences, we have a fantastic deal for you. Simply visit www.dealcatalyst.io, choose the event you want to attend and enter the promo code CREDIT when registering to receive a 10% discount on the ticket price. Please remember to follow the show, rate us, and leave a review. Your feedback is invaluable to us and helps us improve the show. Welcome back to our latest installment of The Credit Clubhouse. As always, I am your host, Todd Anderson, Head of Content & Programming at DealCatalyst. Joining me today is Neal Prunier, Managing Director, Industry Affairs for the Institutional Limited Partners Association or ILPA.Key topics covered:- Member engagement during market volatility- The most significant questions from ILPA members- ILPA's mission and member base- NAV facilities and other fund finance products- ILPA's guidance on NAV facilities - The education gap around NAV facilities and other fund finance products- Private credit and other emerging strategies- Inaugural Limited Partners Sentiment Survey findings- And much more...Neal Prunier, Managing Director, Industry Affairs, Institutional Limited Partners Association (ILPA) - https://www.linkedin.com/in/neal-prunier-41351110/Todd Anderson, Head of Content & Programming, DealCatalyst - https://www.linkedin.com/in/toddanderson19/

May 8, 2025 • 38min
E10: Fintech lending is stronger than ever, with Phil Goldfeder of the American Fintech Council
Thanks for returning to The Credit Clubhouse, your one-stop shop for all things credit. We have a special offer for our listeners. If you want to attend any of our conferences, we have a fantastic deal for you. Simply visit www.dealcatalyst.io, choose the event you want to attend and enter the promo code CREDIT when registering to receive a 10% discount on the ticket price. Remember to follow the show, rate us, and leave a review. Your feedback is invaluable to us as it helps us improve the show. Welcome back to our latest installment of The Credit Clubhouse. As always, I am your host, Todd Anderson, Head of Content & Programming at DealCatalyst.Joining me today is Phil Goldfeder, CEO of the American Fintech Council.Key topics covered:- The status of fintech lending today- The role and mission of the American Fintech Council- The biggest concerns in fintech lending- Questions from regulators and legislators- How lenders operate in today's chaotic environment - Fintech/bank partnerships- The ease of access to credit- And much more.Phil Goldfeder, CEO, American Fintech Council - https://www.linkedin.com/in/philgoldfeder/Todd Anderson, Head of Content & Programming, DealCatalyst - https://www.linkedin.com/in/toddanderson19/

May 1, 2025 • 42min
E9: Significant Risk Transfer (SRT) Reality vs. Romanticism with Frank Benhamou of Cheyne Capital
Thanks for returning to The Credit Clubhouse, your one-stop shop for all things credit. We have a special offer for our listeners. If you want to attend any of our conferences, we have a fantastic deal for you. Simply visit www.dealcatalyst.io, choose the event you want to attend and enter the promo code CREDIT when registering to receive a 10% discount on the ticket price. Remember to follow the show, rate us, and leave a review. Your feedback is invaluable to us as it helps us improve the show. Welcome back to our latest installment of The Credit Clubhouse. As always, I am your host, Todd Anderson, Head of Content & Programming at DealCatalyst.Joining me today is Frank Benhamou, Risk Transfer Portfolio Manager at Cheyne Capital.Key topics covered: - The global SRT market- The differences between the U.S. & EU SRT markets- The status of Basel Endgame- Issuer & Investor motivations and perspectives- Building an SRT platform from scratch- Underlying assets- Executing bilateral and syndicated transactions- LP interest & questions- Tourist investors- And much more...

Apr 24, 2025 • 35min
E8: BDCs - Consistent, Compelling Returns with Matt Freund of Barings
Thanks for returning to The Credit Clubhouse, your one-stop shop for all things credit. We have a special offer for our listeners. If you want to attend any of our conferences, we have a fantastic deal for you. Simply visit www.dealcatalyst.io, choose the event you want to attend and enter the promo code CREDIT when registering to receive a 10% discount on the ticket price. Remember to follow the show, rate us, and leave a review. Your feedback is invaluable to us as it helps us improve the show.Welcome back to our latest installment of The Credit Clubhouse, as always I am your host, Todd Anderson, Head of Content & Programming at DealCatalyst.Joining me today is Matt Freund, who is the President of Barings BDC. Key topics covered:- The different types of BDCs- How investors should think about BDC fees & alignment- The attractiveness of the investment opportunity - Structural changes of the last decade- Interest rate environment and regulatory impact on BDCs- Stress on the borrower- How should PIK be used and evaluated?- New private credit entrants- The blurring of private and public- ETFs- Predictions for the coming year- And much more...

Apr 16, 2025 • 28min
E7: The Evolution of Capital Markets & Private Funds with Phil Titolo of Hunter Point Capital
Thanks for returning to The Credit Clubhouse, your one-stop shop for all things credit. We have a special offer for our listeners. If you want to attend any of our conferences, we have a fantastic deal for you. Simply visit www.dealcatalyst.io, choose the event you want to attend and enter the promo code CREDIT when registering to receive a 10% discount on the ticket price. Remember to follow the show, rate us, and leave a review. Your feedback is invaluable to us as it helps us improve the show.Welcome back to our latest installment of The Credit Clubhouse, as always I am your host, Todd Anderson, Head of Content & Programming at DealCatalyst.Joining me today is Phil Titolo, Managing Director at Hunter Point Capital. Thanks for joining me today Phil, I really appreciate your time.Key topics covered:- The key drivers of growth in fund finance- Why GPs are coming to Hunter Point Capital- The learning curve for an early stage fund manager- The growing interest from insurers- The various roles insurers play within fund finance- Structural innovations - CFOs, rated feeders- The biggest risks in the market today- The NAIC's risk-based capital update- The use of securitization technology in fund finance deals- And much more

17 snips
Apr 10, 2025 • 42min
E6: The hottest topic in credit: insurance structuring with 9fin's Owen Sanderson
Owen Sanderson, ABS Editor at 9fin, dives deep into the evolving world of credit markets and insurance structuring. He discusses how firms can tailor assets to fit insurance capital, revealing insights on emerging trends in private credit. Owen explores the risks associated with financial manufacturing, the dynamics between corporate credit negotiations, and the impact of regulatory changes in Europe. Expect intriguing market predictions and a fresh perspective on the relationship between insurers and asset managers!

Apr 3, 2025 • 36min
E5: Empowering Small Businesses with Unbiased Capital
Thanks for returning to The Credit Clubhouse, your one-stop shop for all things credit. We have a special offer for our listeners. If you want to attend any of our conferences, we have a fantastic deal for you. Simply visit www.dealcatalyst.io, choose the event you want to attend, and enter the promo code CREDIT when registering to receive a 10% discount on the ticket price. Please remember to follow the show, rate us, and leave a review. Your feedback is invaluable to us and helps us improve the show.Luke Voiles, CEO of Pipe, will join me today. Pipe is a modern capital platform known for fast, frictionless, and dilution-free funding. Key topics covered:- The vision for Pipe and the borrowers served- Why Luke decided to take on the role of CEO, and lessons learned- How the loans are funded and working with institutional investors- Capital markets appetite and the biggest questions asked by investors- Future product roadmap and international expansion- The role of fintech and other non bank lenders in expanding access to credit- And much more…

Mar 27, 2025 • 30min
E4: The Convergence of Private Credit and Pay-Over-Time
Thanks for returning to The Credit Clubhouse, your one-stop shop for all things credit.We have a special offer for our listeners. If you want to attend any of our conferences, we have a fantastic deal for you. Simply visit www.dealcatalyst.io, choose the event you want to attend and enter the promo code CREDIT when registering to receive a 10% discount on the ticket price.Remember to follow the show, rate us, and leave a review. Your feedback is invaluable to us as it helps us improve the show.Joining me today is Brooke Major-Reid, Chief Capital Officer at Affirm. Affirm gained recognition as one of the leading BNPL, or buy now pay later, platforms. However, as we will discuss, their offerings have expanded well beyond that.Key topics covered:- Affirm’s diversified product offering- The consumer perspective: BNPL vs credit cards- Institutional investors - why the Affirm loan book is so appealing- Volatility and funding partners- The public company dynamic- Increased optionality amongst funding partners - Investor questions and worries- The convergence of private credit and pay-over-time

Mar 20, 2025 • 38min
E3: ABF, Where The Structure is Your Friend
Welcome back to The Credit Clubhouse, your one-stop shop for all things credit. I’m your host, Todd Anderson, Head of Content and Programming at DealCatalyst.Today’s episode features Nicole Byrns, Partner at Dumar Capital Partners. Nicole and I discuss the exploding growth taking place in ABF, a refreshing conversation around downside protection, data centers, and much more.If you wish to attend any of our conferences, we have a great deal for our listeners; just go to www.dealcatalyst.io.... pick the event you want to attend, and enter the promo code CREDIT when you register to receive a 15% discount on the ticket priceDon’t forget to follow us, rate the show, and leave a review.Without further ado, I present my conversation with Nicole Byrns of Dumar Capital Partners.

Mar 14, 2025 • 18min
E2: The Growing Appeal of CFOs
In this episode of The Credit Clubhouse, I dive into the world of collateralized fund obligations (CFOs) with Chris Freeze, Senior Managing Director and Co-Head of the Investor Relations Group at Churchill Asset Management. We explore the rapid growth of fund finance, Churchill's pivotal role as a CFO issuer, and the increasing demand for these financial structures. Chris shares insights on how CFOs offer investors yield enhancement and high risk-adjusted returns, while also discussing the importance of transparency and well-structured opportunities in the market. Join us as we uncover the motivations behind the rising appeal of CFOs and the potential challenges ahead. Don't miss this insightful conversation about the evolving landscape of fund finance.