Known for his strategic insights and innovative approach to financial services, our next guest, Mike Davis, is a trailblazer in the realm of private credit lending in Australia. As the Founder and Managing Director of Causeway Financial, Mike has been instrumental in shaping the landscape of alternative finance, providing crucial capital to small and medium enterprises that are the backbone of Australia's economy.
Mike's career has spanned various roles in investment management and banking, including a notable tenure as Managing Director at Nikko Asset Management. His journey has been marked by significant achievements, from pioneering new business strategies to navigating the complexities of Asian business integration.
Pre-GFC, Mike took a bold step by establishing Causeway Financial, driven by his vision to focus on real and alternative assets. At the time, the term private credit was not even coined.
As he shares with us in today's episode, this venture has not only been about creating value but also about transforming the way businesses access capital, especially in a market where traditional bank lending faces increasing regulatory restrictions.
On today's podcast, we dive into the early days of Mike’s career and what led him to the world of private credit.
We explore the inception of Causeway Financial, the challenges he faced in its early days, and the recent M&A activity in the private credit space as more and more alternative asset managers look to add this growing segment of funds management to their offerings.
Finally, Mike gives us a deep dive into the evolving private debt market, the criteria he uses to assess quality borrowers, and the future of private credit in the alternative investment space.
We hope you enjoy.