Suggestions
Brett Hillard, CAIA, CFA
Chief Investment Officer at GLASfunds
Brett Hillard is a seasoned professional with a strong background in finance and investment. He pursued a Bachelor's degree in Business Administration with a focus on Finance and Business Economics at Ohio University. Throughout his career, he has held key positions in reputable organizations, showcasing his expertise and leadership.
Brett Hillard's experience includes serving as the Chief Investment Officer and Managing Director of Investments at GLASfunds, where he played a crucial role in decision-making and strategic planning. Prior to this, he held significant roles at Key Private Bank, such as Managing Director of Portfolio Strategy, Director of Portfolio Strategy, and Senior Investment Analyst, illustrating his progressive career trajectory and diverse skill set.
Moreover, Brett Hillard has also worked as a Senior Valuation Analyst at Apple Growth Partners and CBIZ MHM, LLC, demonstrating his versatility and proficiency in financial analysis and valuation. His extensive experience in investment management and strategic portfolio planning has honed his ability to drive results and optimize performance for the organizations he has been part of.
Highlights
Investor attention turns to LA this week as the Milken Institute Global Conference gets underway. Panelists have been weighing in on the outlook for private credit, noting that while fundraising has slowed in recent months, the consensus is clear that growth will continue as demand remains elevated and more players enter the market. One of the key themes emerging amidst the growth in private credit has been the continued presence of well-established firms.
In a recent interview with LSEG (London Stock Exchange Group)’s April Joyner, I discuss how emerging managers and even larger firms looking to launch strategies in the space today are increasingly offering a range of incentives from lower fees to GP equity stakes to attract new capital. For the diligent investor looking to increase allocations to private credit, we feel there may be opportunities to benefit from this dynamic.
With the slowdown in fundraising, allocators my have enhanced bargaining power to obtain attractive incentives. However, allocators should continue to emphasize underwriting rigor, work-out capabilities, leverage, and total net expenses while they source and diligence private credit GPs.
https://lnkd.in/eqrs-2te
We cross the spectrum of private capital in our latest article. Oil and gas is unloved, private credit is the cool kid in class, and real estate...it's complicated.
#alternatives #energy #private_credit #real_estate
