This episode is presented by ⁠Cardo AI⁠, the operating system for asset-based finance. Curious to see the platform in action? Book a demo to learn more - https://cardoai.com/book-a-demo/

DealCatalyst Homepage⁠ - https://www.dealcatalyst.io/

DealCatalyst Events⁠ - https://www.dealcatalyst.io/events⁠

Private Credit Club⁠ - https://www.dealcatalyst.io/private-credit-club

Listeners can save 10 percent on conference tickets by using the promo code CREDIT at checkout.

00:00 — Robert Stark's new role and Nomura's global evolution

05:09 — Strategic focus: investment capabilities and vehicle preferences

10:10 — Beyond direct lending: ABL, real estate, and specialty finance

19:55 — Advisor education: gating, liquidity, and market understanding

31:54 — Navigating public-private convergence and growth risks

44:20 — Robert Stark's hobbies, book, and World Cup prediction

Robert Stark, President & Deputy CEO, Nomura Asset Management International - https://www.linkedin.com/in/robert-stark-053202/

Todd Anderson, Head of Content & Programming, DealCatalyst - https://www.linkedin.com/in/toddanderson19/

https://linktr.ee/thecreditclubhousepodcast

This episode is presented by ⁠Cardo AI⁠, the operating system for asset-based finance. Curious to see the platform in action? Book a demo to learn more - https://cardoai.com/book-a-demo/

DealCatalyst Homepage⁠ - https://www.dealcatalyst.io/

DealCatalyst Events⁠ - https://www.dealcatalyst.io/events⁠

Private Credit Club⁠ - https://www.dealcatalyst.io/private-credit-club

Listeners can save 10 percent on conference tickets by using the promo code CREDIT at checkout.

00:00 - Kicking Off the Episode with Samir Tejpaul

02:19 - Samir Tejpaul's evolving perspective on risk and opportunity

04:16 - Navigating commercial real estate in the second half of 2026

08:23 - Why the debt market now sets the tone in CRE

12:45 - Bullish on Bay Area, cautious on bifurcated office

18:29 - The journey of alternative lending post-GFC

26:01 - Innovating in today's competitive debt market

29:21 - Data centers: real estate or infrastructure?

31:25 - How AI is reshaping office, industrial, and housing

37:24 - AI: Enhancing data, not replacing human judgment

39:50 - Preparing for equity capitulation and market stability in 2027

43:23 - Samir Tejpaul's hobbies, leadership, and optimistic future view

Samir Tejpaul, Head of Investments, Madison Realty Capital - https://www.linkedin.com/in/samir-tejpaul-198bb553/

Todd Anderson, Head of Content & Programming, DealCatalyst - https://www.linkedin.com/in/toddanderson19/

https://linktr.ee/thecreditclubhousepodcast

This episode is presented by ⁠Cardo AI⁠, the operating system for asset-based finance. Curious to see the platform in action? Book a demo to learn more - https://cardoai.com/book-a-demo/

DealCatalyst Homepage

DealCatalyst Events

Private Credit Club

Listeners can save 10 percent on conference tickets by using the promo code CREDIT at checkout.

00:00 - Welcome to The Credit Clubhouse with Altin Kadareja

02:22 - From Buy-Side Frustration to Founding Cardo AI

05:37 - Overcoming Challenges and Gaining Market Trust

08:12 - Cardo AI's Role in Private Credit Strategies

10:50 - Why Insurers are Investing in Private Credit

13:26 - Challenges for GPs Seeking Insurance Capital

15:51 - The Industry's Move to Continuous Data Transparency

19:19 - A New Structural Dynamic in Credit Markets

22:20 - Emerging Asset Classes and Cardo AI's Adaptability

25:52 - Technology's Role in Streamlining Private Credit Deals

28:47 - Enhancing Valuation Transparency with Technology

31:05 - Addressing Regulatory Concerns and Market Stability

36:04 - Analyzing the Private Credit Market's Future

38:04 - Tangible Applications of AI in Finance Today

41:13 - Defining the Future of Work in Finance

43:43 - Ensuring Trust and Compliance in Financial AI

47:06 - The Backbone of Scaling Private Markets

50:08 - Personal Insights and Future Market Outlook

54:17 - Thank You for Listening to The Credit Clubhouse

Altin Kadareja, Co-founder and CEO, Cardo AI - https://www.linkedin.com/in/altinkadareja/

Todd Anderson, Head of Content & Programming, DealCatalyst - https://www.linkedin.com/in/toddanderson19/

https://linktr.ee/thecreditclubhousepodcast

Visit https://www.dealcatalyst.io/ to see our remaining events in 2026, non-conference opportunities, and much more.

Listeners can save 10 percent on conference tickets by using the code CREDIT at checkout.

This episode is presented by CARDO AI, the operating system

for asset-based finance. Visit https://cardoai.com/ to learn more.

00:00 - Welcome to The Credit Clubhouse: episode introduction

01:53 - Host Todd Anderson welcomes Ali Meli to the show

02:21 - Navigating the late stages of the private credit cycle

03:28 - Identifying top risk-adjusted opportunities in credit markets

05:15 - Outperforming: scale or specialization in private credit?

08:02 - Understanding Monachil Capital Partners' niche lending strategy

09:48 - Market shift: from direct lending to specialty finance

12:15 - Exploring interesting opportunities in asset-based finance

13:25- Finding value in under-capitalized specialty finance markets

15:11 - Overcoming disadvantages for non-scaled fintech lenders

19:20 - The transformative impact of AI on fintech lending

19:48 - Rethinking Liquidity Management in Private Credit Funds

21:50 - Skepticism on private credit secondary market liquidity

26:31 - LP demand: selective allocation in private credit

30:39 - Unpacking Underappreciated Trends in Private Credit Markets

35:25 - What excites Ali Meli most about lending today

37:57 - Concerns about market correction and second-order impacts

39:57 - Personal insights and a prediction for the next year

Ali Meli, Founder, Monachil Capital Partners - https://www.linkedin.com/in/ali-meli-92ab33167/

Todd Anderson, Head of Content & Programming, DealCatalyst - https://www.linkedin.com/in/toddanderson19/

https://linktr.ee/thecreditclubhousepodcast

This episode is presented by 9fin. The AI-native platform for modern credit teams.

Head to https://www.9fin.com/demo to request a 30-minute personalised demonstration.

00:28 - Celebrating Monroe Capital's boutique CLO manager awards

02:31 - How Monroe Capital balances scale with innovation

06:08 - Private credit CLOs: A permanent shift

09:05 - Differentiating private credit CLOs and investor preferences

12:15 - Middle market loan resilience

14:27 - Seth Friedman's hobbies, books, and future predictions

Seth Friedman, Managing Director, Head of Structured Solutions, Monroe Capital - https://www.linkedin.com/in/seth-friedman-4943432/

Todd Anderson, Head of Content & Programming, DealCatalyst - https://www.linkedin.com/in/toddanderson19/

https://linktr.ee/thecreditclubhousepodcast

This episode is presented by 9fin. The AI-native platform for modern credit teams.

Head to https://www.9fin.com/demo to request a 30-minute personalised demonstration.

00:00 - Introducing Aaron Kless and The Credit Clubhouse episode

01:57 - The core middle market opportunity

05:10 - The growing importance of covenants in private credit

07:33 - Differentiating through sports finance as an asset class

13:04 - Navigating legislative uncertainty in collegiate sports finance

15:46 - Investing in media & entertainment's evolving landscape

19:54 - Assessing stress in software lending and consumer health

21:49 - Scaling credit with discipline

24:15 - Addressing misconceptions and educating private credit investors

27:14 - AI's impact on entrepreneurialism and middle market growth

29:53 - The need for a private credit terminology refresh

31:45 - Personal insights and future predictions for private credit

35:25 - Thank you for listening to The Credit Clubhouse

Aaron Kless, CEO & CIO, Andalusian Credit Partners - https://www.linkedin.com/in/aaron-kless/

Todd Anderson, Head of Content & Programming, DealCatalyst - https://www.linkedin.com/in/toddanderson19/

https://linktr.ee/thecreditclubhousepodcast

This episode is presented by 9fin. The AI-native platform for modern credit teams.

Head to https://www.9fin.com/demo to request a 30-minute personalised demonstration.

00:00 – Welcoming Kanav Kalia of Oxane Partners to discuss the evolution of private credit markets.

01:30 – Why private credit feels different in 2026

03:00 – The Rise of “Private Credit Plus”

04:00 – What’s driving the expansion beyond direct lending

06:00 – Why asset-based finance is scaling fast

08:00 – Back to First Principles: it’s still lending

11:00 – Data, surveillance & operational complexity in private credit

14:30 – AI’s growing role across credit markets

18:00 – Real-world AI use cases for credit investors

22:00 – Banks, private credit & the new ecosystem

26:00 – Where investors are finding opportunity today

30:00 – The future of private credit infrastructure & technology

Kanav Kalia, Chief Sales & Marketing Officer, Oxane Partners - https://www.linkedin.com/in/kaliakanav/

Todd Anderson, Head of Content & Programming, DealCatalyst - https://www.linkedin.com/in/toddanderson19/

https://linktr.ee/thecreditclubhousepodcast

This episode is presented by 9fin. The AI-native platform for modern credit teams.

Head to https://www.9fin.com/demo to request a 30-minute personalised demonstration.

00:01:31 — Introducing Tangible and the mission to democratize liquidity

00:02:10 — Why individual investors need secondary market access

00:05:15 — Bringing technology and standardization to private market transactions

00:08:10 — The rise of smaller NAV loans in private markets

00:10:00 — Building the operational infrastructure for NAV lending

00:13:00 — Liquidity demand across private equity, venture, and credit funds

00:17:00 — How embedded secondary markets reduce risk for NAV lenders

00:21:30 — Responsible use of NAV lending and market discipline

00:25:00 — Competitive price discovery and LP best execution

00:29:30 — Why LP transactions are moving toward digital platforms

00:33:30 — Overcoming the stigma around secondary sales and fund-level liquidity

00:40:30 — Career lessons, global experience, and final reflections

Khalil Hibri, Founder and Managing Partner, Tangible - https://www.linkedin.com/in/khalilhibri/

Todd Anderson, Head of Content & Programming, DealCatalyst - https://www.linkedin.com/in/toddanderson19/

https://linktr.ee/thecreditclubhousepodcast