Banking on Opportunities: Building The Credit Manager That Helped Pioneer SRT - With Paul Horvath, CEO of Orchard Global

Episode 19,   Oct 22, 08:44 AM

Paul begins with explaining why his initial job at the Federal Reserve was so important for his subsequent future in finance.

He then details how he capitalised on those lessons at Merrill Lynch and JP Morgan before seeing potential opportunities developing from the emerging troubles in the world of banking in 2008, leading to the creation of Orchard Global.

He explains Orchard’s mission, expertise, typical client profiles and how they helped pioneer significant risk transfers (SRTs) during the GFC. A significant risk transfer (SRT) deal is a financial transaction that allows banks to reduce their regulatory capital requirements by transferring credit risk to third-party investors.

He discusses their private and public credit strategies, before covering how regulation such as Basel III is impacting the market.

Paul then explains how, in providing private & public market credit solutions, they play a particularly pivotal role in helping banks.

Finally, he explains why investors go to them in order to “stay rich”!

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