Join Ryan Nauman, market strategist at Zephyr, in this insightful episode of Zephyr’s Adjusted for Risk Podcast. Ryan welcomes Robert Stark, CEO of Nomura Capital Management, to delve into the nuances of private credit. They explore the growth of private equity, the differentiation between direct lending and private credit, and the significance of diversification within private credit portfolios. Robert shares his expert insights on the future of asset-based lending, the impact of interest rates, and the role of private credit in enhancing investment portfolios. They also discuss the critical importance of advisor education and the potential integration of private investments into 401(k) plans. Don’t miss this comprehensive discussion on how private credit can offer diversification, enhanced income, and risk-adjusted returns.
Learn how Zephyr can help Financial Advisor’s understand the impact private credit has on in vestment portfolios here.
Visit Nomura Capital Management for more information here.
00:00 Introduction and Welcome
01:12 Guest Introduction: Robert Stark
01:29 Understanding Private Credit
03:23 Private Credit vs. Direct Lending
06:22 Diverse Opportunities in Private Credit
14:12 Asset-Based Lending Insights
18:46 Understanding Market Cycles and Portfolio Construction
19:55 The Importance of Advisor Education
21:09 Liquidity in Private Credit
23:00 Comparing Private Credit and Private Equity
23:15 Aligning Client Needs with Investment Strategies
26:48 Benefits of Private Credit
31:21 Private Investments in 401(k) Plans
36:19 Conclusion and Resources
Connect with Zephyr
LinkedIn: Zephyr Financial Solutions
Connect with Ryan Nauman:
LinkedIn: Ryan Nauman
X: Ryan Nauman
