388: Private credit perspectives from Blackstone and L&G

DEC 4, 202531 MIN
L&G Talks Asset Management

388: Private credit perspectives from Blackstone and L&G

DEC 4, 202531 MIN

Description

<div> <em>In this special episode, we discuss our partnership with Blackstone, the world’s largest alternative asset manager. We also offer an overview of private credit and look at the role the asset class could play alongside public credit within investor portfolios.<br> </em><br> <em>Our speakers are </em><strong><em>Jo McCaffrey</em></strong><em>, Chief Strategy and Product Officer, Asset Management, L&amp;G; and </em><strong><em>Brad Marshall</em></strong><em>, Global Head of Private Credit Strategies at Blackstone.<br> </em><br> <em>Other topics covered include:<br> </em><br> ·        <em>The reasons behind the rapid growth of private credit</em><br> ·        <em>Key investor considerations around the asset class, in particular for the UK Wealth market</em><br> ·        <em>Blackstone’s approach to underwriting investments to mitigate risk<br> </em><br> <em>The podcast was recorded on 30 October and was moderated by </em><strong><em>Max Julius</em></strong><em>, Head of Content, Asset Management, L&amp;G.<br> <br> Source for comments on private credit's history of strong performance: "Leveraged Loans” as represented by Morningstar LSTA U.S. Leveraged Loan Index. “Private Credit” as represented by Cliffwater Direct Lending Indexfrom September 30, 2005 through June 30, 2025, which is latest publicly available data. Total return reflects the sum of annualised income return, annualised realised gain / loss and annualised unrealized gain / loss during the period. <br> </em><br> <em><br> For professional investors only. Capital at risk.<br> </em><br> </div>