Parul and Geoff cover the complexities of stressed and distressed credit investing, the risks and rewards, the current opportunity and their history and experience in this area.
Highlights:
- The opportunity set they are seeing and cyclicality.
- Overvalued and undervalued sectors.
- Where investing ideas come from.
- The Four Ps: Pre-investment, Purchase, Pro-active credit management, Position exit.
- The Team’s 13-Point Credit Checklist.
[01:33]
Geoff discusses the macro backdrop which had led to greater opportunities in distressed credit investing.
[03:05]
Parul and Geoff talk about a rise in high quality businesses facing credit stress and why this is an ideal time to capitalize on high quality investing opportunities.
[04:48]
Parul and Geoff discuss key attractive sectors today.
[05:11]
Geoff shares how he and Parul identify their investments ideas.
[07:30
Parul discusses the Team process of 4 Ps: pre-investment, purchase, proactive credit management, and position exit.
[11:00]
Parul discusses the Team’s 13-factor checklist.
[12:58]
Geoff talks about the Team’s unique resource ecosystem including Pender’s operational resources.
[17:20]
Parul discusses asset allocation in the Fund between stressed and distressed credits, and special situations.
