
In this episode, Edwin Wilches, Co-Head of Securitised Products at PGIM, joins Keshav Rajagopalan, to explore the dynamic and fast-evolving world of Asset-Based Finance (ABF). As traditional boundaries between public and private credit continue to blur, they discuss how ABF is emerging as a powerful tool for financing the real economy, offering institutional investors new avenues for diversification, yield, and portfolio resilience. Subscribe to Speaking of Alternatives on your favourite podcast platform. Key Takeaways: • Regulatory shifts and evolving market structures are driving growth in the US, Europe, and beyond – [06:00] • Institutional investors are turning to ABF for diversification, enhanced yield, and scalable solutions - [07:00] • Capital demand is rising in areas such as AI infrastructure, data centers, and fund finance. – [15:00] • Contractual cash flows are central to ABF's appeal for seeking to improve risk-adjusted portfolio returns – [22:00] *The views expressed are those of the speakers at the time of recording and may not reflect their current opinions. This content is not investment advice.* Learn More: • @PGIM on X: https://twitter.com/pgim • @PGIM on Instagram: https://www.instagram.com/pgim/ • PGIM on LinkedIn: https://www.linkedin.com/company/pgim Shareables: "We're financing the real economy. That's what makes this space so exciting—it's not just about returns, it's about impact."— Edwin Wilches, Co-Head of Securitised Products at PGIM "Contractual cash flows are the foundation of ABF. That's what makes it compelling for insurers, pensions, and other institutions." — Edwin Wilches, Co-Head of Securitised Products at PGIM "Lending where there is a supply-demand imbalance of capital -- that's where compelling risk-adjusted returns could be found.— Edwin Wilches, Co-Head of Securitised Products at PGIM
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