Brett Penprase
"From the Flybridge -No 1"

Welcome
Welcome to “From the Flybridge” the memo that will capture investment thought leadership from around the globe.
The first edition coincides with the launch of Flybridge Captial Pty Ltd (Flybridge), a business that will focus on the distribution and representation high quality private and alternative market asset managers.
Opportunities
Private credit whether the investments are sourced from Australia or from overseas, will play an increasingly significant role in retirement savings and decumulation portfolios for Australian investors.
However, it is important for investors to be wary of the various structures and potential legacy portfolios when looking at Private Credit especially when it comes to offshore private credit.
Whilst there is a need for current income and the backdrop today may favour debt over equity from a return/risk perspective, investment portfolios will still require assets to facilitate growth. A diverse portfolio of private equity via manager and vintage year will be essential for portfolios.