Currently valued at over $4 trillion, the leveraged credit market in the United States is one of the fastest-growing asset classes, driving a strong demand for well-trained credit analysts. Today’s guest is Michael Gatto, an author, adjunct professor at Fordham University's Gabelli School of Business and Columbia Business School, and Partner at Silver Point Capital, a $30 billion credit-focused global investment firm where he leads the firm’s Private Side Business. His latest book, The Credit Investor’s Handbook: Leveraged Loans, High Yield Bonds and Distressed Debt, serves as a definitive guide for young investment professionals building a career in the leveraged credit markets, covering public, private, performing, and distressed sectors. In this episode, Michael shares invaluable insights from his 25 years of investing experience, benefiting both newcomers and seasoned professionals looking to refine their investment skills. Join us as we explore Michael’s fascinating career journey, the experiences that have shaped him into a debt markets expert, and his advice for students today. Whether you're preparing for or enhancing a career in credit investing, this episode is a must-listen!

Key Points From This Episode:

• An overview of Michael’s background, education, and how he became a credit analyst.
• The story of his time at Goldman Sachs within the Special Situations Group (SSG).
• What led him to become the first non-founding partner at Silver Point Capital.
• A definition of credit investing and why Silver Point is a global leader in this market.
• How the leveraged credit market has grown exponentially since Silver Point launched.
• Why Michael felt compelled to write this book, what the process entailed, and who it caters to.
• The soft skills that facilitate a successful career investing in the leveraged credit markets.
• Some of the ways that teaching has influenced Michael’s professional success.
• Insight into Michael’s role as Director of the O’Shea Center for Credit Analysis and Investment.
• How you can benefit from the incredible network that the O’Shea Center has built.
• Inspiring advice for students who want to follow a similar career path to Michael’s.

Links Mentioned in Today’s Episode:

Michael Gatto

Michael Gatto on LinkedIn

Credit Investor’s Handbook

Silver Point Finance

O’Shea Center for Credit Analysis and Investment

Fordham Gabelli School of Business

Columbia Business School

Fordham University School of Law Corporate Law Center