...Let's Talk Direct Lending with Matt Harvey

...Let's Talk Direct Lending with Matt Harvey

Author: PGIM June 17, 2024 Duration: 21:22

Matthew Harvey, Head of the Direct Lending business for PGIM Private Capital, highlights the importance of experienced asset managers in navigating the direct lending landscape and sheds light on the steady increase of capital flowing into this evolving credit market.

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Key Takeaways: 

● Opportunities in Direct Lending [2:19] 

● Asset Managers with Direct Lending Experience [5:02]

● Speed of Capital Deployment [9:17] 

● Ever-Evolving Forms of Capital [12:38] 

● Challenges of Private Debt Illiquidity [13:58] 

 

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Shareables: 

"As more capital is raised and companies become more educated on direct lending their private credit as a legitimate alternative, that market only continues to expand." — Matthew Harvey, Head of the Direct Lending business for PGIM Private Capital #investing #alternativeinvesting 

"A lot of value is created in how you manage the portfolio and how you deal with stress in the portfolio." — Matthew Harvey, Head of the Direct Lending business for PGIM Private Capital #investing #valueadd 

"Supply is overall increasing because more and more issuers are coming to this market." — Matthew Harvey, Head of the Direct Lending business for PGIM Private Capital #PGIMalts #alternativeinvesting 

"Do you have the depths of portfolio management teams to engage with these issuers and actively manage the portfolio?" — Matthew Harvey, Head of the Direct Lending business for PGIM Private Capital #PGIMalts #institutionalinvesting

 


PGIM's Speaking of Alternatives offers a clear-eyed conversation about a part of the financial world that often feels shrouded in complexity. This isn't about dry lectures or sales pitches; instead, each episode sits down with seasoned practitioners and thinkers who operate in the trenches of private equity, real assets, hedge funds, and other non-traditional avenues. The dialogue focuses on the practical realities and long-term shifts within these markets, moving far beyond the fleeting news cycle. You'll hear how allocators are actually navigating current economic crosswinds, which structural trends are creating genuine opportunity, and how the very definition of "alternative" continues to evolve. The perspective is intentionally global, acknowledging that compelling strategies and risks can emerge anywhere. By demystifying the jargon and focusing on tangible insights, this podcast serves as a valuable resource for anyone looking to understand the forces shaping portfolio construction today. It’s a monthly dose of nuanced analysis for investors, advisors, and the intellectually curious who recognize that the conventional playbook is rarely sufficient. Tune in for straightforward discussions that respect the sophistication of the topic without losing the listener in unnecessary abstraction.
Author: Language: English Episodes: 26

Speaking of Alternatives
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