This episode is presented by Cardo AI, the operating system for asset-based finance. Curious to see the platform in action? Book a demo to learn more - https://cardoai.com/book-a-demo/
DealCatalyst Homepage - https://www.dealcatalyst.io/
DealCatalyst Events - https://www.dealcatalyst.io/events
Private Credit Club - https://www.dealcatalyst.io/private-credit-club
Listeners can save 10 percent on conference tickets by using the promo code CREDIT at checkout.
00:00 - Welcome to the Credit Clubhouse
01:56 - PGIM's Diana Carr-Coletta on private credit's evolution
04:03 - Debunking risk perceptions in private credit lending
06:23 - How PGIM Builds Direct Relationships with Companies
10:14 - Why direct relationships matter for borrowers
13:11 - Technology's role in sourcing non-sponsored deals
15:58 - Evaluating direct lending's resilience post-GFC and COVID
18:07 - Comparing risk and return in private credit segments
23:30 - Uncovering overlooked risks and borrower education gaps
26:14 - The untapped potential in non-sponsored middle market
30:37 - Navigating competition and terms in private credit
33:47 - Investor insights and middle market competition dynamics
39:52 - Covenants as a tool for risk management and value preservation
44:31 - Private credit's exciting future
46:42 - Diana's hobbies, family, books, and AI's impact
51:07 - Thank you for listening to The Credit Clubhouse
Dianna Carr-Coletta, Managing Director & Partner, Private Credit, PGIM - https://www.linkedin.com/in/dianna-carr-coletta-20331135/
Todd Anderson, Head of Content & Programming, DealCatalyst - https://www.linkedin.com/in/toddanderson19/
https://linktr.ee/thecreditclubhousepodcast
