Private Markets 360°

Join Peter Hutton, Head of NAV Financing at Arcmont Asset Management, as he dives into the evolving world of NAV financing. With a rich background in private debt, Peter explains how fund-level loans are reshaping liquidity for sponsors. He discusses the shift in private markets and the advantages of NAV as a flexible funding source. Explore emerging trends like strategic relationships and enhanced LP transparency, illustrating how sponsors are actively re-engaging with lenders and limited partners for better collaboration.

In this episode of Private Markets 360°, we welcome Scott Wolff, President and Managing Director at American Securities. With over two decades at the firm, Scott has played a pivotal role in shaping investment strategies, particularly within the industrial sector. Scott shares invaluable insights into the current deal environment, the innovative application of AI solutions to enhance operational efficiencies, and the importance of developing internal talent within portfolio companies. His extensive experience provides a unique perspective on the complexities and potential of private investments in today's market. Credits: Host/Author: Chris Sparenberg, Jocelyn Lewis Guests: Scott Wolff, American Securities Producer: Georgina Lee Published With Assistance From: Feranmi Adeoshun www.spglobal.com www.spglobal.com/market-intelligence

In this episode of Private Markets 360°, we welcome Nate Collins, National Transaction Tax Advisory Practice Leader, and Jessica Wadd, Principal and Strategy and Innovation Segment Leader, BDO. They share their expertise in tax structuring and management consulting, offering insights into the current private equity landscape. The discussion highlights the challenges and opportunities in deal structuring, the importance of understanding tax implications, and the need for adaptability in today's investment environment. Credits: Host/Author: Chris Sparenberg and Jocelyn Lewis Guests: Nate Collins and Jessica Wadd, BDO Producer: Georgina Lee www.spglobal.com www.spglobal.com/market-intelligence

Ben Radinsky, Managing Director at HighVista Strategies, has over 20 years of experience in private credit. He shares insights on identifying opportunities in 'structurally inefficient' markets, discussing how flexible delivery mechanisms can reveal overlooked investments. Ben delves into litigation finance, emphasizing its non-correlation with traditional markets, and explains why smaller deals can offer superior lender terms. He also contrasts direct lending as beta versus the alpha potential of specialty credit, all while highlighting evolving risks and new niches in the investment landscape.

In this episode of Private Markets 360°, we welcome Daniel Berglund, Head of US and Co-head of Healthcare at Nordic Capital. Daniel shares his extensive expertise and unique insights into the rapidly evolving healthcare investment landscape. As a key player in shaping and growing investments in this sector, he discusses the recent announcement of Nordic Capital's latest deal with Arcadia, a leading healthcare data platform. Daniel provides valuable insights into disrupting pharmacy benefit managers, which operate as intermediaries between insurers and pharmaceutical companies, and emphasizes the importance of adapting to market dynamics. Credits: Host/Author: Chris Sparenberg, Jocelyn Lewis Guests: Daniel Berglund, Nordic Capital Producer: Georgina Lee www.spglobal.com www.spglobal.com/market-intelligence

On this episode of Private Markets 360°, Chris Botsford, Co-Founder and Chief Investment Officer at ADM Capital, shares his insights on the private credit market in Asia. He explores his extensive experience in investing in underfinanced SMEs, the importance of ESG principles, and the critical role of local relationships in navigating diverse jurisdictions. Credits: Host/Author: Chris Sparenberg, Jocelyn Lewis Guests: Chris Botsford, ADM Capital Producer: Georgina Lee www.spglobal.com www.spglobal.com/market-intelligence

Rich Carson (Managing Director, Private Investments, Cambridge Associates) and Jerry Smith (Private Markets Product Strategy Lead, Mercer) join our hosts to discuss a new private markets collaboration between their firms and S&P Global. They explain how this initiative will improve the communication between GPs and LPs and support decision-making, by enhancing the sharing of performance data. Rich and Jerry also share their thoughts on the evolution of the private investment industry. More S&P Global Content: Software, services & solutions to power growth in the Capital Markets [Blog] As LP-GP relations evolve, the need for a clearinghouse of data is increasing Credits: Host/Author: Chris Sparenberg and Jocelyn Lewis Guests: Rich Carson, Cambridge Associates and Jerry Smith, Mercer Producer: Georgina Lee www.spglobal.com www.spglobal.com/market-intelligence FOR INSTITUTIONAL INVESTOR USE ONLY. The information contained in this video is provided for educational and illustrative purposes only and is not intended to be relied upon as a forecast or investment advice, and is not a recommendation, offer or solicitation to buy or sell any securities or to adopt any investment strategy. The opinions expressed are subject to change without notice. The material was prepared without regard to specific objectives, financial situation or needs of any investor. Reliance upon information in this video is at the sole risk and discretion of the viewer.

Jacob Miller, Co-Founder and Chief Solutions Officer at Opto Investments, joins us on Private Markets 360° to share his insights into the current landscape of private markets. Jacob discusses macroeconomic trends, deal flow management, and the transformative role of AI in private equity. More S&P Global Content: [Blog] AI's role in the private markets data analytics revolution [Blog] How private equity can harness AI Credits: Host/Author: Chris Sparenberg, Jocelyn Lewis Guests: Jacob Miller, Opto Investments Producer: Georgina Lee www.spglobal.com www.spglobal.com/market-intelligence

Pooja Goyal, Partner and Chief Investment Officer of the Infrastructure Group at Carlyle, joins our hosts to share her extensive experience in infrastructure investing and the energy transition. Pooja discusses the significance of Copia Power, a company built and developed by Carlyle, and her firm's work on the JFK International Terminal Project. Pooja also explores the rapid growth of digital infrastructure while reflecting on her inspiring professional journey from investment banking to leading Carlyle's infrastructure efforts. More S&P Global Content: Scale up for success in private markets with data, valuations, software & services Credits: Host/Author: Chris Sparenberg, Jocelyn Lewis Guests: Pooja Goyal, Carlyle Editor: Patrick Moroney Producer: Georgina Lee www.spglobal.com www.spglobal.com/market-intelligence

Howard Sharp, Chairman and Co-Head of Direct Lending at Alcentra, shares his 35 years of credit market expertise. He delves into the evolving landscape of European direct lending, emphasizing the importance of relationships with private equity sponsors. The conversation highlights investment preferences in resilient sectors like healthcare and digital transformation. Sharp also discusses the implications of changing interest rates on valuations and future mergers and acquisitions, forecasting growth opportunities in this dynamic market.