In this episode of SCI In Conversation, Pietro Bellone, structured finance and securitisation partner at A&O Shearman, joins SCI's Nadezhda Bratanova to discuss current SRT trends such as the role of infrastructure and project finance assets in synthetic deals, and how these are expanding the scope of uniquely positioned Italian markets.

In this episode of SCI In Conversation, Jennifer Marques, head of strategy and structuring for Oaktree's structured credit strategy, sits down with SCI's ABF editor Marta Canini to discuss why unrated, downside-protected ABF is particularly compelling in today's evolving credit markets. Marques explains how Oaktree balances risk and return through deep asset and originator analysis, and how flexible, bespoke structures create value. She also highlights sectors such as digital infrastructure, aviation, and essential equipment financing, outlining the opportunities and potential headwinds shaping ABF's outlook heading into 2026.

In this episode of SCI In Conversation, CJ Wei, md at Northleaf Capital Partners, sits down with SCI's ABF editor Marta Canini to discuss how the firm is approaching esoteric and uncorrelated asset classes, from music royalties and litigation finance to other under-the-radar opportunities. Wei also explains why esoteric does not have to mean exotic, how structural complexity can create real opportunity, and what LPs should be thinking about when entering this part of the market for the first time.

In this episode of SCI In Conversation, Christophe Fritsch, global head of alternative credit at AXA IM Alts, speaks with associate editor Marta Canini about the firm's new diversified evergreen private credit strategy. Fritsch also discusses rising institutional and retail demand, the impact of ELTIF 2.0, sourcing in a crowded market, and why 2025 could be a defining year for ABF. We recorded this episode in May, and while markets have continued to shift since then, the themes discussed remain incredibly relevant.

In this episode of SCI In Conversation, Scott Frame, senior vice president and deputy head of research, at the Bank Policy Institute in Washington DC, talks to US editor Simon Boughey about how post-GFC regulation capped growth in the securitisation market and what types of beneficial changes might emanate from the current administration.

In this episode of SCI In Conversation, ABS markets editor Selvaggia Cataldi speaks with Darrell Purcell, director of EMEA structured finance at S&P Global Ratings, about how securitisation is being used to fund digital infrastructure assets such as data centres and fibre networks. They explore how these deals differ from traditional ABS, what rating agencies look for and the unique risks and opportunities in this evolving space. From lease structures to market expansion beyond FLAP-D, they unpack what's driving growth – and what could be next – for digital infrastructure securitisations.

In this episode of SCI In Conversation, Simon Boughey, US editor, talks to Ujjaval Desai, head of structured products investing at Sound Point Capital. Ujjaval invests in the equity and mezz tranches of the CLO market, and here he talks about where he sees value currently, and what yield targets he aims to hit.

[Guest disclaimer]: This information is being provided for informational purposes only as of May 1, 2025 and is not intended to serve as an offer for, or to represent the performance of any Sound Point investment or investment product. There can be no assurance that any asset class return target will be achieved are or that any CLO investment strategy will be profitable in the future. Market forecasts and estimates are based on opinions, are subject to change, and may not necessarily come to pass due to changing market and/or economic conditions. All investing involves risk, including the risk of a total loss.

In this episode of the SCI In Conversation podcast, SCI associate editor Marta Canini speaks to Stephen Usher, md on the investment credit team at BC Partners, about the evolution of private credit. Usher discusses growing opportunities in specialty finance and asset-backed lending, and how these trends align with BC Partners' long-term growth strategy. He also shares his insights on the firm's strategic moves, including its recent partnership with Piper Sandler and the acquisition of Runway Growth Capital. Finally, Usher takes a closer look at the diversification and risk-reward potential of private credit investments, offering a forward-looking perspective on the sector's future.

In the second part of this episode of the SCI In Conversation podcast, SCI's Selvaggia Cataldi continues her discussion about Israel's securitisation market with Moty Citrin, head of financial institutions and structured finance at Moody's subsidiary Midroog, and independent senior securitisation consultant Jason Smilovitz. Citrin and Smilovitz discuss investor sentiment, market liquidity, sovereign risk and political uncertainty.

In this episode of the SCI In Conversation podcast, SCI's Selvaggia Cataldi speaks to Moty Citrin, Head of Financial Institutions and Structured Finance at Moody's subsidiary, Midroog, and independent senior securitisation consultant Jason Smilovitz about the evolution of Israel's securitisation market. In light of a new law aligning the country with global standards, Citrin and Smilovitz discuss how the legislative changes will impact banks, investors and issuers, as well as the broader implications for Israel's capital markets.