«Private credit remains strong»
Jakob Schramm in an interview with PDI
Jakob Schramm, Partner & Head of Private Credit
Jakob Schramm emphasises the importance of diversification and that Golding benefits from a broadly-based platform ranging from senior corporate direct lending to subordinated debt, all the way through to credit opportunities. As a result, co-investments are a particularly interesting area.
We’re a big investor for a lot of the credit managers we work with and so we see a constant deal flow and they are happy to share investment opportunities with us. It allows us to cherry-pick, take out a fee layer for our investors and build a product that can give broad exposure to different segments of the market.
Jakob Schramm, Partner & Head of Private Credit at Golding
Despite the challenges of raising capital in recent years, Jakob Schramm encourages investors to further diversify their portfolios in order to remain successful over the long term.
His conclusion: The positive thing about the personal loan market, both in the US and in Europe, is that the quality of loan documentation in the middle market segment has really proven to be stable and there are still contractual assurances and very good lender protection. The market has in general performed well, and that is reassuring.
You can read the full article, which was published in 2024 in the Private Debt Investor, here:
