Banc of California’s Post

As private credit continues to rise, Moelis's Augusto Sasso, Global Head of Capital Markets, spoke to Transacted earlier this year about why it is here to stay. #privatecredit #staplefinancing #capitalmarkets Click here to read more: https://bit.ly/3xjf6um

As private credit continues to rise, Moelis's Augusto Sasso, Global Head of Capital Markets, spoke to Transacted earlier this year about why it is here to stay. #privatecredit #staplefinancing #capitalmarkets Click here to read more: https://bit.ly/3XJtoze

As private credit continues to rise, Moelis's Augusto Sasso, Global Head of Capital Markets, spoke to Transacted earlier this year about why it is here to stay. #privatecredit #staplefinancing #capitalmarkets Click here to read more: https://bit.ly/4bcJeFp

As private credit continues to rise, Moelis's Augusto Sasso, Global Head of Capital Markets, spoke to Transacted earlier this year about why it is here to stay. #privatecredit #staplefinancing #capitalmarkets Click here to read more: https://bit.ly/3xuAfBM

📢 Don't miss out on an invaluable opportunity to join the The Investor Relations Society and the The Investor Forum CIC for an event on May 21st! The event will bring together investors and IROs to explore insights from the Investor Forum’s comprehensive assessment, ‘Shaping Tomorrow’s Dialogues: Bridging Gaps Between Companies and Investors.’ 🎤 Gain valuable insights from: - Douglas Radcliffe, Head of Investor Relations at Lloyds Banking Group - Michael Stiasny, Equity Fund Manager and Head of UK Equities at M&G Investments - Sallie Pilot, Senior Advisor, The Investor Forum CIC This is a unique chance to gain fresh perspectives and network with industry leaders. Don’t miss out! #InvestorRelations #InvestorDialogue #InvestmentInsights

Another day, another new entrant into private credit! Former Goldman Sachs Group Inc. partners Tom Connolly and Mike Koester are betting on one of the hottest corners on Wall Street for their next act. The New York-based duo have co-founded a new firm, 5C Investment Partners, that aims to capture a slice of the burgeoning private credit market, where alternative asset managers are increasingly displacing banks by providing multi-billion financings to companies. 5C, which describes itself as a credit-centric alternative investment firm, will be initially focused on the US, with scope to expand in Europe. Story by Gillian Tan https://lnkd.in/d8q5zdPq #privatecredit #directlending

Wall Street’s real-life “Succession” has ended One of Wall Street’s most closely watched succession races is over as Ted Pick prepares to become Morgan Stanley’s next chief executive. He will take the baton in January from James Gorman, who since 2010 has transformed the firm from an investment bank into an asset-management behemoth. The path laid out by Gorman has made Morgan Stanley the envy of the financial world and helped it outpace its longtime rival, Goldman Sachs. Pick will face the challenge of keeping the momentum going as volatile markets weigh down core businesses such as deal making. Pick won a contest worthy of an HBO drama. Morgan Stanley’s board selected him over Andy Saperstein, who leads wealth management, and Dan Simkowitz, who oversees asset management. Those divisions have both been growing fast. But Pick, a Morgan Stanley lifer who oversees investment banking and trading, is familiar with the most complex parts of the firm, making him in some ways the safest option. (Morgan Stanley is seeking to keep Saperstein and Simkowitz, making both co-presidents and giving them expanded portfolios.)

Mario Giannini of Hamilton Lane took the virtual stage for "Private Partners: Leverage, Exits, and Navigating the Private Equity Market Maze of Opportunities". The session on private markets, highlighting the dual-edged sword of accessing opportunities and navigating the complexities that come with illiquidity premia. With a critical eye on the evolution of private equity, the discussion aimed to demystify the challenges of concentrated risk, leverage, and liquidity in this asset class. Giannini's fundamental thesis provocatively suggested that the prevailing reliance on anecdotes (which is dangerous) over data in managerial strategies might be a misstep, setting the stage for a thought-provoking dialogue on the future of private equity investments. #AlternativesSymposium #PrivateEquityInsights

“Much as the equity portion of the secondaries market has grown and evolved over the last 15 years, we expect increased innovation in credit secondaries to meet the needs of investors seeking to optimize their portfolios and manage risk.” - This is the central message from Benjamin Wilson, Managing Director and Global Head of Secondaries at HQ Capital, who recently spoke as a panelist in the Credit Secondaries session at The Private Markets Secondaries Meeting in Santa Monica. #HQCapital #CreditSecondaries #SecondaryMarket

Wealth Wednesdays: Robert F. Smith, founder of Vista Equity Partners is a builder of generational wealth, and a career pivoter himself! Watch this video to learn more about his story. Want tips on how YOU can build generational wealth? Subscribe to our newsletter for more. huecapital.co #HueCapital #GenerationalWealth #Career #Business #Wealth #NYC #VistaEquity