Webcast 11: INTO THE BREACH: PRIVATE CREDIT IN THE NEW NORMAL
Globally, demand for private lending is growing at pace. Banks continue to tighten loan issuance in the face of rising bad debt provisions and exposure limits. Navigating both short term and structural changes in credit markets, in an era of heightened uncertainty, will be fraught with challenges, but also some of the best opportunities for attractive risk-adjusted yield across any asset class.
Your presenters
ARMEN PANOSSIAN
Armen is a managing director and Oaktree’s Head of Performing Credit, as well as portfolio manager for Oaktree’s Strategic Credit strategy. His responsibilities include oversight of the firm’s performing credit activities including the senior loan, high yield bond, convertibles, structured credit, emerging markets debt, mezzanine and direct-lending strategies. Mr. Panossian joined Oaktree in 2007 as a senior member of its Distressed Debt investment team.
BLAIR FAULSTICH
Blair Faulstich is Senior Portfolio Manager and Managing Director of Private Debt Strategy at Benefit Street Partners which is a Franklin Templeton company. Prior to joining BSP in 2011, Mr. Faulstich was a managing director and co-head of media and communications investment banking at Citadel Securities. Benefit Street Partners is a private credit manager based in New York with $US27 billion in FUM, focused on middle market credit opportunities in the US.