Understanding the Private Credit Continuum: A Playbook for PE Investors
9 March 2023
Virtual
Private Capital firms are exploring partnerships with Private Credit investors as an alternative to navigate the new reality of equity markets. Understanding Private Credit’s instruments, their benefits and risks, and how Private Capital managers can incorporate them into their programs can be a challenge.
In this training, practitioner faculty addressed:
- Provide an overview of Private Credit market, from mezzanine to special situations
- Discuss Risk / Return relationship of various credit categories
- Explore how private capital managers can incorporate private credit into their programs
Practitioners
Sabita Prakash
Managing Director
ADM Capital
Sabita Prakash is a Managing Director at ADM Capital and member of the Investment Advisory Committee. Prior to joining ADM Capital, Sabita was the Head of the Asian Fixed Income team at Fidelity Worldwide Investment. Sabita began her career in fixed income in 1993 when she joined CRISIL India as a rating analyst. In 1998, Sabita moved to Hong Kong and worked with Standard & Poor’s Rating Agency, JP Morgan Securities and HSBC in Hong Kong on the credit research side before joining Fidelity.
Sabita holds a Bachelor of Engineering in Electronics & Telecomm from Bangalore University, India. Sabita also holds an MBA from the Indian Institute of Management, Lucknow.
Jess Larsen
Founder and CEO
Briarcliffe Credit Partners
As private markets have grown beyond $10 trillion and become more competitive than ever with more than 1,700 placement agents, Jess saw the need for a specialized approach to placement services. Within a year of launching Briarcliffe, he has built a 13-person team, creating a firm widely recognized as the leading private credit placement agency.
Prior to founding Briarcliffe, Jess was a Partner and CEO Americas at global placement agency First Avenue Partners where he rebuilt the US business to become a leading firm, ranking number one in private credit and number three in Infrastructure.
Jess studied in Cambridge, Antwerp, and holds a Bachelor’s in Economics from Copenhagen Business School.
Robert Molina
Managing Director, Head of Origination
Briarcliffe Credit Partners
Robert Molina is a Managing Director and Head of Origination at Briarcliffe Credit Partners. Bobby has over 20 years of experience in financial services across alternative investments and investment banking.
Prior to joining Briarcliffe Credit Partners, Bobby was a Partner at Langschiff Capital Partners, a private placement agent. There, Bobby was responsible for project management, providing fundraising advisory to general partners. Before joining Langschiff, Bobby established and led coverage of private market investments as a Strategy Head at UBP Asset Management, a subsidiary of Union Bancaire Privée, a Swiss private bank.
Bobby earned his MBA from Vanderbilt University and graduated from New York University with a BS in Finance and International Business.