Tait Duryea connects with Ellis Hammond from Aspen Funds to break down how private credit works and why it has become one of the most compelling strategies in today’s market. They walk through fund structure, deal selection, capital stack positioning, and how private credit can generate steady returns with less volatility than traditional equity investments. You’ll also hear how macroeconomic shifts, tighter bank lending, and disciplined underwriting have created unique opportunities for investors seeking consistency, diversification, and tax efficiency.

Ellis Hammond is the Vice President of Capital at Aspen Funds, where he oversees capital development and works closely with the acquisitions team on private credit investments. A real estate investor for nearly a decade, Ellis brings hands-on experience in underwriting, deal structuring, and portfolio management.

Visit the deal room.

 Show notes:
(00:13) Ellis Introduces Aspen Funds
(01:14) What Makes This Private Credit Fund Different
(06:32) Understanding the Capital Stack
(08:13) Interest Rates, Inflation, and Market Shifts
(10:52) Why Private Credit Is Growing Fast
(12:22) Fund Structure and Investor Options
(16:29) Loan Committee and Deal Approval Process
(20:01) How Returns Are Generated
(24:26) Why Borrowers Use Private Credit
(32:02) Key Reasons Investors Choose This Fund

Turbine Capital Private Podcast:
Spotify: https://open.spotify.com/show/0IWgXJwFJY1Xiw13SfuCnZ?si=87be61dfe5fb415d
Apple: https://podcasts.apple.com/us/podcast/turbine-capital-private-podcast/id1831346026

If you have any questions, please feel free to email [email protected].

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