ASA Virtual Investor Summit 2024: Unlocking Global Private Credit with Dean Weinbren
Global private credit is one of the fastest growing asset classes over the last 15 years, driven mainly by the US and European markets, and is widely accepted as a staple, and, growing part of how big institutional investors invest their money. But even though it’s a hugely popular asset class within large institutions around the world. It’s a very new asset class to everyday Australians. – because unless you’re a major financial institution, global private credit has not really been available to you in any meaningful way… until now.
So what actually IS global private credit? In Australia – our banking sector is fairly simple – Australia has 4 main banks that, depending on your unit of measure, makeup somewhere between 76% and 90% of the banking sector. But in the US and Europe – the baking sector looks very different. There are almost 5,000 different bank brands in the United States alone.
In this video, Dean Weinbren, Managing Executive of TermPlus, provides a good foundational understanding of what global private credit is, its history, and the characteristics that it presents as an investment option.