Bond Alternative: A Smarter Way to Lend to Corporate America

THE FINANCIAL COMMUTE

On this week’s episode of THE FINANCIAL COMMUTE, Wealth Advisor Bruce Tyson discusses Cliffwater’s investment strategy with Head of Capital Markets Fran Beyers.
Cliffwater’s goal is to provide solid compounding returns in even tumultuous environments. Fran explains how direct lending may offer predictability, lower interest rate risk, and yield premium over public markets. Cliffwater is intentional and selective about the managers they choose and tend to lend to defensive sectors. Fran and Bruce note that rising interest rates are both a challenge and an opportunity in the direct lending market, which is growing rapidly and gaining market share from traditional bonds.
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