Evaluating Credit Managers
Chris emphasizes the unique approach required for evaluating credit managers compared to traditional hedge funds. He highlights the importance of understanding the roles of originators and underwriters in direct lending, as well as the need to develop a nuanced perspective on manager experience over time. Additionally, he touches on the evolving landscape of private lending and the balance between liquidity and lockup periods in the current market.In this clip
From this podcast
Capital Allocators – Inside the Institutional Investment Industry
Chris Acito – Credit Where Credit is Due (Capital Allocators, EP.33)
Related Questions
How should I think about hiring the right people for my VC growth fund, given the difference in underwriting processes from the seed/early stage investing I currently do?
How should a venture capitalist think about investing across different stages (seed vs. growth) and having different funds for it, as discussed in the episode 20VC: Will LPs Pull Out of Existing Managers, How Will Fund Sizes Change Moving Forward, Is Now The Time to be Aggressive on Secondaries, What is the Discount on Secondaries Today, Who Will Win and Lose in the Next Five Years with Hunter Somerville, Partn and the clip Changing Venture Capital?