Private Credit
SuperReturn Europe 2024
Jakob Schramm, Partner & Head of Private Credit at Golding, discussed on the podium the “state of play in the current fundraising environment”.
Jakob Schramm evaluated the current situation and cautious attitude of LPs: “Distressed and special situations come up more frequently now in discussions with clients. We can discuss at length whether distressed managers can time the market, but it’s clear that this is even more difficult for clients who decide to use these strategies. Instead, we should build up a broadly diversified credit exposure, covering between 15 percent and 20 percent distressed debt, so that we stay invested over the whole cycle.”
Golding Capital Partners invests worldwide. Over 90 percent of the capital originates from German institutional clients. Searching for the most attractive risk-return profile in the various strategies we invest in has always been our top priority, continues Jakob Schramm. Regulation and ESG criteria are also becoming increasingly important. “Especially for our clients in Germany, ESG is top of the agenda and is now actually influencing investment decisions.”
SuperReturn is one of the leading series of events that focuses on global investments and financial strategies. It offers expert talks on current trends and developments, detailed analysis, market commentaries and forecasts. “SuperReturn Insights” provides answers to the question of when the challenging market period will end, deals with the current status of fund financing and the market for private credit secondaries. You can read the whole issue here:
Update | Private Credit Team
We are delighted to continue our growth path in private credit and have gained two new colleagues in Leopold A. Köstner and Rok Kejzar with extensive credit and direct investment experience.
The current market climate offers extremely attractive investment opportunities in private credit, in which we actively invest for our investors. By extending our team, we can pursue the numerous opportunities in primaries, secondaries and co-investments even more intensively.
Florian Hofer, Managing Director Private Credit
Private credit is a key driver for growth at Golding. With a track record spanning over 20 years and around 5 billion euros of managed capital, we are a market-leading provider in the DACH region. We want to expand this position further.
Jakob Schramm, Partner & Head of Private Credit
Our seven-strong private credit team also includes Alexander Felix Schmidt, Fabio Biaison and Carl Lomsdalen.
