Benefit Street Partners

What does disciplined lending look like? David Wilmot, Co-Founder at Apera Asset Management, part of Benefit Street Partners’ global alternative credit platform, shares that the firm has a 0% loss rate since inception in 2016. In this interview, David discusses how lower leverage, financial covenants, and strong structural protections shape Apera’s approach to European lower mid-market direct lending.

A growing European private credit market – with nearly 800 transactions a year – is creating a broad opportunity set for selective lenders. David Wilmot, Partner at Apera Asset Management – a lower mid market direct lender and part of Benefit Street Partners’ global alternative credit platform – discusses how the depth and diversity of the European market allows Apera to remain highly selective when building its portfolios.

AI is reshaping how investors assess opportunities in software. David Wilmot, Co-Founder at Apera Asset Management, part of Benefit Street Partners’ global alternative credit platform, discusses why lending fundamentals remain key when determining whether AI could disrupt what a business does, or potentially enhance it.

European lower mid-market direct lending continues to offer a widespread opportunity for investors. David Wilmot, Co-Founder at Apera Asset Management, part of Benefit Street Partners’ global alternative credit platform, discusses the supply-demand dynamics supporting the market and why he expects transaction opportunities to remain strong.

Everyone’s known about AI for a few years so what spooked the public market into such a sweeping software sell off earlier this year? What kind of recovery have we seen since, and how do we assess a company’s “moat” that protects them from extinction or margin compression? Watch Anant Kumar, our Global Investment Strategist, as he joins Sam Turvey for the latest BSP Deep Dives conversation focused on making sense of AI disruption. The full interview is available at www.bspcredit.com or via our (new) YouTube channel at https://lnkd.in/eTvHaNpS

"It's an exciting time to be in private credit. We're seeing dispersion for the first time in years." Watch our Co-COO, Allison Davi, on CNBC Squawk Box Europe talking to Steve Sedgwick and Karen Tso about retail investor sentiment, how institutional allocators are doing more in private credit, and how we look at AI disruption. https://lnkd.in/esEDd-K2