…Let's Talk Investment Grade Private Placements
From Speaking of Alternatives by PGIM
January 20, 2026 · 25 min
About this episode
This episode discusses the significance of investment grade private placements in fixed income portfolios with insights from Mike Campion.
In a world where fixed income markets are evolving, investment grade private placements stand out as a powerful tool for diversification and stability. This episode explores why these instruments remain a cornerstone for insurers, pension schemes, and long-term investors. Keshav Rajagopalan speaks with Mike Campion, Managing Director and Portfolio Manager for PGIM, Private Credit, about the role of investment grade private placements in today's fixed income portfolios. From the benefits of direct origination and diversification to the importance of covenants and risk management, Mike shares insights on why private placements continue to be a compelling choice for institutional investors. Subscribe to Speaking of Alternatives on your favourite podcast platform. Key Takeaways: - What Are Private Placements and Why They Matter for Fixed Income Portfolios – [03:00] - The Case for Private Placements Today: Yield, Diversification and Stability – [07:00] - Investor Interest Across Regions and Segments: From Insurers to Pension Schemes – [09:00] - Risk Management: Why Covenants and Underwriting Discipline Are Critical – [19:00] *The views expressed are those of the speakers at the time…
People in this episode
Host: Keshav Rajagopalan
Guest: Mike Campion
Topics covered
- investment grade private placements
- fixed income markets
- diversification
- risk management
- institutional investors
Keywords
- private placements
- fixed income
- diversification
- risk management
- institutional investors
Mentioned in this episode
Organizations: PGIM
More episodes of Speaking of Alternatives
- … Let's Talk MCP 2025 Annual Investor Survey · April 21, 2026 · 19 min
- … Let's Talk RealAssetX · March 17, 2026 · 21 min
- … Let's Talk Private Credit Secondaries · February 17, 2026 · 27 min
- …Let's Talk Highlights from the PGIM EMEA Investor Forum · December 17, 2025 · 22 min
- …Let's Talk Energy Mezzanine with Brian Thomas · November 18, 2025 · 24 min
- …Let's Talk Asset-Based Financing with Edwin Wilches · October 21, 2025 · 25 min
Explore listener stats, chart rankings, contacts and more on the Speaking of Alternatives podcast page.