Credit Markets in Transition: Asset-Based Finance Part II
About this episode
Private asset-based finance (ABF) is the catch-all of credit markets—a diverse and complex segment offering a wide range of investment opportunities. In this follow-up to our previous ABF discussion, we delve deeper into the asset class and what it takes to be successful from origination to underwriting and portfolio construction. We discuss investment areas of interest—as well as those we're apt to avoid—and examine the convergence of structured products and corporate credit through the lens of AI and data center finance. This episode also explores market dynamics, risk management, and where private ABF fits into multi-asset portfolio construction.
PGIM's Brian Barnhurst, CFA, Head of Global Credit Research, hosts Oliver Nisenson, Head of Asset-Based Finance.
Recorded on November 26, 2025.
Get every episode summarized
Each time All the Credit publishes, we email you a written briefing from the transcript — the topics, who appeared, and any specific claims, with the ad reads skipped.
Email me new episodesFree for 3 shows. No card needed.
Hosts & guests
No transcript yet
This episode has not been transcribed. Request it and it moves to the front of the queue.
More episodes
More from All the Credit
Credit Markets in Transition: Public–Private Credit Portfolios
All the Credit
From Buyers to Builders: Assessing the U.S. Housing Market
All the Credit
Central Banks: Can Independence Prevail?
All the Credit
Credit Markets in Transition: Systematic Strategies
All the Credit