9fin’s Post

Name: 9fin on LinkedIn: What innovative assets are hitting the capital markets these days? In…
Uploaded: 2024-08-22T16:00:05.869Z
Channel: 9fin

9fin

24,453 followers

2mo

What innovative assets are hitting the capital markets these days? In this exclusive interview in partnership with DealCatalyst, 9fin’s Will Caiger-Smith caught up with Bruce Richards at Marathon Asset Management about how they’re raising the bar — quite literally — with a loan secured by cranes used for building wind turbines. Curious to see how these towering investments are powering the future? Watch the conversation to find out more — https://lnkd.in/eZkSjeGr Bruce and the 9fin team will be at DealCatalyst’s Asset Based Finance conference this September 30th in New York City. If you’re attending, be sure to say hi! If you haven’t already registered for the event, you can do so here — https://hubs.la/Q02LT9MM0

Transcript

You've talked about quite a few types of assets there and here at 9th and we've covered everything from commercial real estate loans being being lent against to actual literal cows like cattle being put into securitization. Maybe you could explain some of the more kind of innovative assets that people are lending against these days. I mean, music rights gets a lot of attention at the moment because it's kind of, it feels like it's heating up a lot. That's maybe one of the more relatable or kind of glamorous asset classes in the AVL space. What are some of your favorite kind of less traditional assets that you can learn against in this market? We just did a loan on a new purchase of cranes. That are stand about 600 feet tall to put up the turbines and the windmills that are on ground to produce energy. And so this is a infrastructure company that we provided this to. It's secured by the actual cranes. And imagine a imagine a series of polls that goes 600 feet into the air with a turbine that's another 150 feet high with blades that are 300 feet. Long and having to assemble this whole assemblage on uneven ground requires a very specific crane. And so there's only a few companies around the world that produced these cranes, one out of Germany, one out of Switzerland and one out of China. We focused on one of the big purchases out of a European manufacturer and delivered this in the form of an ABDL to an infrastructure. Company that's that's US domicile that's putting up these energy efficient wind farms in the United States. And so that's one of my favorite. But again, there's all kinds of assets you can lend against. We don't lend against. Cattle or livestock, I guess one could, but that's not something we've done or would look to do.

To view or add a comment, sign in

More Relevant Posts

Asset TV U.S.

13,454 followers
2mo
Report this post
How do we navigate energy investing with heightened geopolitical risk and the building momentum towards the #EnergyTransition? Is North American Midstream energy the answer? 👉 https://lnkd.in/eSmBWyW2 Insights by USCF Investments' John R. Cusick, CFA and Adam Fackler, CFA.

Energy’s Midstream Era
Like Comment
To view or add a comment, sign in
Euan Wilson, CFA, AWMA™

Senior Financial Advisor Focused on Attorneys and Corporate Executives
9mo
Report this post
This is cool: how often do you have a chance to be a part of a cell tower network, or a wind farm, or your water utility? Check out this video to learn about it. How does private infrastructure function as an asset class—and how does it differ from more traditional investments? Learn the basics of this alternative asset class from James Cunningham, Chief Investment Officer of Evergreen Infrastructure Strategy at KKR. Watch the video now. #LetsTalkAlts

Let's Talk Alts video series
Like Comment
To view or add a comment, sign in
Invito Energy Partners LLC

1,137 followers
8mo
Report this post
Join Steve C. Blackwell, CEO of Invito Energy Partners, as he demystifies the world of oil and gas investment. Understand why it's not so different from investing in commercial real estate and why you don't need to monitor it every day. Let's conquer those investment fears together and illuminate the path to tangible assets and real wealth. 🌍🛢️💰 #InvitoEnergy #InvestmentJourney #TangibleAssets #SteveBlackwellCEO
Like Comment
To view or add a comment, sign in
Investment Week

24,701 followers
1mo Edited
Report this post
Foresight Solar Fund (FSFL) puts Australian portfolio up for sale as divestment programme continues. Foresight Solar fund (FSFL) has started the formal process of selling its four Australian investments, as the trust continues its divestment programme to re-focus on the UK and Europe. Check out Valeria Martinez's latest article 👇 https://incm.pub/4e7Los6 #investing #assetmanagement #wealthmanagement #finance
Like Comment
To view or add a comment, sign in
Vinson & Elkins

30,825 followers
5mo
Report this post
From securing appellate rulings to advising on high-stakes financial offerings, Vinson & Elkins has been at the forefront of legal excellence. Here's a glimpse of recent deals and cases: 📈 Transocean Announces Pricing of Upsized Private Offering of Senior Notes Due 2029 and Senior Notes Due 2031 ⚖️ Vinson & Elkins Secures Appellate Ruling Affirming $93 Million Judgment 💰 Sunoco LP Announces Pricing of Private Offering of Senior Notes 💰 Vinson & Elkins Advises Harvest Midstream Company in Notes Offering 💼 Vinson & Elkins Represents J.P. Morgan in Hilcorp Energy Senior Notes Offering 🌱 EnCap Energy Transition Closes $1.5 Billion Energy Transition Fund II Learn more: https://lnkd.in/gd5hun8F
Like Comment
To view or add a comment, sign in
Dan Vermeer
8mo
Report this post
Fascinating to see a panel with public and private investors coving the spectrum of the capital stack - how to grow promising clean energy businesses that require large scale md long term funding?
Like Comment
To view or add a comment, sign in
Investment Week

24,701 followers
5mo Edited
Report this post
US Solar Fund fights off shareholder dissent and survives continuation vote. Shareholders of the US Solar Fund have voted against a motion to end the running of the company in its current state, although not without some pushback. Check out Eve Maddock-Jones's latest article 👇 https://incm.pub/4bO8q5P #investing #assetmanagement #wealthmanagement #finance
Like Comment
To view or add a comment, sign in
Breakwall Capital LP

807 followers
9mo
Report this post
Breakwall Capital’s Jamie Brodsky and Christopher Abbate sat down with Luis Garcia at the The Wall Street Journal to discuss Breakwall’s launch as an independent asset manager. During their conversation, they discussed how Breakwall is looking to invest across all aspects of the energy transition for real impact: “We believe that if you look at the energy transition as a zero-sum game in that you just completely abandon the hydrocarbon economy, you’re going to exacerbate the problems of energy sustainability, availability and affordability.” Read more here: https://lnkd.in/eNa2njhV. #BreakwallCapital #EnergyTransition

Riverstone Spinout Breakwall Spreads Bets Across Traditional and Clean Energy

wsj.com

2 Comments
Like Comment
To view or add a comment, sign in
Hart Energy

49,342 followers
1mo Edited
Report this post
Join us at the Energy Capital Conference for a session on "Asset-backed Securitization: Showing Flexibility and Promise" featuring Thomas Denkler from Corebridge Financial. This session will unravel the complexities of asset-backed securitizations (ABS) and showcase their growing potential in the energy sector. Don't miss this opportunity to stay ahead in the evolving landscape of energy finance. Register now for the Energy Capital Conference and unlock the potential of asset-backed securitizations for your business. #EnergyCapitalConference #AssetBackedSecuritization #EnergyFinance
Like Comment
To view or add a comment, sign in
Second Wind Consultants

1,087 followers
3w
Report this post
Our newest article chronicles one company's story of transformation, determination and creativity. It is a story of value preserved, value grown, and of the mission that unites all of us in the turnaround space. The Breakout Finance team demonstrated vision and determination in their hands-on approach to financing this Second Wind Consultants turnaround. Please see the story here https://lnkd.in/ePiY74jP
Like Comment
To view or add a comment, sign in

24,453 followers

View Profile Follow

9fin’s Post

Transcript

More Relevant Posts

Energy’s Midstream Era

Explore topics