In a world where fixed income markets are evolving, investment grade private placements stand out as a powerful tool for diversification and stability. This episode explores why these instruments remain a cornerstone for insurers, pension schemes, and long-term investors.

Keshav Rajagopalan speaks with Mike Campion, Managing Director and Portfolio Manager for PGIM, Private Credit, about the role of investment grade private placements in today's fixed income portfolios. From the benefits of direct origination and diversification to the importance of covenants and risk management, Mike shares insights on why private placements continue to be a compelling choice for institutional investors.

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Key Takeaways:

- What Are Private Placements and Why They Matter for Fixed Income Portfolios – [03:00]

- The Case for Private Placements Today: Yield, Diversification and Stability – [07:00]

- Investor Interest Across Regions and Segments: From Insurers to Pension Schemes – [09:00]

- Risk Management: Why Covenants and Underwriting Discipline Are Critical – [19:00]

*The views expressed are those of the speakers at the time of recording and may not reflect their current opinions. This content is not investment advice.*

Learn More:

• @PGIM on X: https://twitter.com/pgim

• @PGIM on Instagram: https://www.instagram.com/pgim/

• PGIM on LinkedIn: https://www.linkedin.com/company/pgim