In his most comprehensive interview to date, our Head of Global Credit Solutions Frank Danieli joins the Capital Allocators podcast for a wide-ranging conversation on private credit, giving listeners under-the-hood insights into how we approach credit investing and why being “optimistically pessimistic” drives us.  

Highlights from Frank’s conversation include: 

• How we're building a diversified fixed income alternative rather than chasing equity-like returns 
• Why private credit is far broader than sponsor-backed direct lending 
• How coming from the “dark side of credit” is a key competitive advantage  
• Why we believe proprietary origination is the future of high-quality credit investing  
• Why we encourage constructive tension between our investment and portfolio management teams  
• Insight into our “What You Have To Believe” framework for understanding downside risk  
• How red teams, "war games" and "break the glass now" planning strengthen portfolio resilience 
• The dangers of monoline credit, and why diversification is critical in private credit  
• Where we see the greatest opportunities in Australia, and why we’re expanding into the US   
• Why transparency, governance and disclosure are key to building long-term investor confidence 

Listen to the full interview