Validation from all corners of the market

February 6, 2023

We’ve officially kicked off the conference season in 2023 as we made our way down to Miami for the iConnections Global Alts conference for family offices and other institutional investors. This is a fairly unique conference as there are two sides of our market in attendance - investors looking for debt opportunities and also underwriters / credit funds who manage debt funds and are looking for capital but also have opportunities to underwrite against.

The team and I took over 30 meetings with investors over the course of 2 days and we also managed to meet up with several strategic underwriters who make their way down to this conference every year to raise capital for their funds. Above all else, the feedback was overwhelmingly positive as everyone is looking for more exposure to private credit in this environment and both the blended notes and direct investment into our deals on the marketplace were viewed as an attractive risk-adjusted opportunity in this economy. Even perceived competitors like other alternative investment platforms shared that they have a need to leverage our tech since much of what they've built in-house is solely focused on the investor experience. Follow up are in order these next few weeks and we are pushing for meaningful capital to be deployed from this far more institutional audience.

We have always positioned ourselves as a neutral third party in this multi-trillion dollar market, now even more so as we've taken steps to pull ourselves away from underwriting. Conferences like the ones this past week reinforce that we've struck a nerve with this industry and we're seeing our strategy pay dividends time and time again 💯