Podcast
Tim Bray on key macro surprises and expectations
Our podcasts available here
Private credit is one of the asset classes to get a substantial yield income relative to fixed income and provide stability and downside protection to portfolios.
This month, we’re excited to welcome Tim Bray, Managing Director of Alternative Investments and Senior Portfolio Manager at GuideStone Financial Resources. With more than $23 billion in assets under management, GuideStone is one of the nation’s largest faith-based mutual fund companies. Over his 19-year tenure, Tim has played a pivotal role in expanding the firm’s alternative investments platform—overseeing approximately $3.5 billion in assets for both internal capital and external clients.
In this episode, we discuss the key macro surprises of 2024, expectations for 2025, and how factors like interest rates, inflation, and headline risks (such as tariffs) shape investment strategies. Tim also offers insights on GuideStone’s approach to asset allocation, highlighting the growing importance of private credit and how the firm balances liquidity needs with inherently illiquid investments. We’ll explore emerging segments in private credit, including Asset-Backed Financing, and close with Tim’s biggest concerns and surprises for the coming year.
[4340967]
More episodes like this
Michael Schulman on AI, manager selection, and the next big wealth opportunities
A conversation with Michael Ashley Schulman, Partner and Chief Investment Officer at Running Point.
Don Calcagni on building a fortress balance sheet for private wealth investors
A conversation with Don Calcagni, Chief Investment Officer of Mercer Advisors.
Aaron Sack on the evolving middle market private equity landscape
A conversation with Aaron Sack, Head of Morgan Stanley Capital Partners.
Rick Miller on private credit opportunities amid ongoing uncertainty
A conversation with Richard Miller, Group Managing Director and Chief Investment Officer of TCW Private Credit Group.
Francis Griffin on the evolving private credit landscape
A conversation with Francis Griffin, Senior Vice President at Callan’s Alternatives Consulting Group.
Cameron Dawson on unlocking private debt opportunities for wealth investors
A conversation with Cameron Dawson, Chief Investment Officer at NewEdge Wealth.
Mark Zandi on the U.S. economy & private credit
A conversation with Mark Zandi, Chief Economist at Moody’s Analytics.
Marcel Schindler on the private credit landscape
A conversation with Marcel Schindler, Partner and Head of Private Debt at StepStone Group.