There's a lot of private-credit money chasing the biggest deals. This $7 billion manager is going after 'funkier stuff.'
Scott Radke is New Holland's CEO and co-chief investment officer.
New Holland Capital
- The world's largest asset managers have raised hundreds of billions to invest in private credit.
- These firms, including BlackRock, Blackstone, and more, are often looking at straightforward, direct lending deals.
- Smaller, "funkier" deals have less competition, New Holland says, keeping returns high and LPs happy.
There's a flood of money rushing to the biggest deals in private-credit land...