Hymans Robertson On...

Investment - Capital call financing - Episode 164


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Private markets investors are increasingly looking beyond traditional direct lending opportunities. One area gaining attention is capital call financing, a niche but growing segment of the fund finance market that offers access to investment-grade private credit risk.

In this episode, Viran Patel from Hymans Robertson is joined by Penny Cochrane and Shelley Morrison from Aberdeen. Together, they explore how capital call financing works, why the market has grown so rapidly and the role it can play within institutional portfolios.

They discuss the evolution of the market, the shift from bank-led lending to greater participation from non-bank investors and the factors driving demand. They also explore the risk and return profile of these facilities, including the importance of manager selection, operational expertise and the quality of underlying investors.

You'll hear how capital call financing differs from other private credit strategies, where it may fit within an investment-grade portfolio and the key considerations for investors assessing the opportunity.

If you have questions on anything covered throughout the episode, please get in touch.


Hymans Robertson disclaimer
This podcast has been prepared by Hymans Robertson LLP, and is based upon our understanding of events as at release date. It is designed to be a general summary of topical investment matters and is not specific to the circumstances of any particular employer or pension scheme. The information contained in this podcast should not be construed as advice and not be considered as a substitute for specific advice as the information is generic in nature. Where a podcast refers to legal matters please note that Hymans Robertson is not qualified to provide legal opinion and therefore you may wish to obtain independent legal advice to consider any relevant law and/or regulation. Hymans Robertson LLP accepts no liability for errors or omissions. Your Hymans Robertson LLP consultant will be pleased to discuss matters raised in this podcast in greater detail. Guests views are separate to that of Hymans Robertson.

The information provided in this broadcast is not financial advice. Past performance is not a guide to the future. Please note the value of investments, and income from them, may fall as well as rise. This includes but is not limited to equities, government or corporate bonds, derivatives and property, whether held directly or in a pooled or collective investment vehicle. Further, investments in developing or emerging markets may be more volatile and less marketable than in mature markets. Exchange rates may also affect the value of investments. As a result, an investor may not get back the full amount of the original investment. Past performance is not necessarily a guide to future performance. Hymans Robertson LLP is authorised and regulated by the Financial Conduct Authority and Licensed by the Institute and Faculty of Actuaries for a range of investment business activities.
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