Zenith ‘Meet the Manager’ Interview with Andrew Lockhart
Metrics Direct Income Fund (MDIF) has received a “highly recommended” rating – the highest possible – from Zenith Investment Partners. Fast-growing demand for private debt and the attractive risk-adjusted returns it can provide for investors has grown Metrics’ funds under management to excess of $13 billion across a suite of listed and unlisted funds, including MDIF. Metrics Managing Partner, Andrew Lockhart discusses the growth and benefits of private debt for investors and borrowers in this interview with Chief Executive Officer, David Wright from Zenith.
You can watch the interview by clicking on the video player below.
0:41 – What is private debt.
1:36 – Why companies use private debt.
2:22 – How private debt providers compete with the banks.
3:50 – Diversification and protection of investor capital.
5:36 – The advantages of private debt over bonds and traded debt.
7:40 – Meeting the challenges of rising interest and inflation.
10:06 – Managing recession risks in private debt.
12:15 – Achieving the best risk-adjusted returns.
13:15 – How diversification of loans helps investors.
14:35 – Valuation and liquidity for untraded assets.
17:12 – Dealing with defaults and workouts.
19:06 – Why ESG matters to private debt providers.
21:41 – The growth of the private debt market.
23:38 – The benefits of scale for borrowers and investors.
Andrew Lockhart, Managing Partner at Metrics Credit Partners, provided insights into the opportunity and outlook for Australian private debt in…