The Versatile Asset: How to Incorporate Private Credit in Client Portfolios – Golub Capital – 1.23.25

Summary:

Now On Demand CE

Asset allocation is not a trivial exercise; it can seem even more complicated with alternative investments. In this webinar, we focus on the real-world challenges advisors must solve for to implement a private credit allocation, such as how to optimally source the exposure, address the impact of fees and evaluate the pros and cons of different investment vehicles. We hope to show that incorporating alternative investments is neither frustratingly complex nor naively easy to accomplish.

Join David Santoriello, Deputy Head of Private Wealth Americas, as he shares actionable strategies for integrating direct lending into client portfolios. He’ll cover:

• Why direct lending is a powerful income-boosting diversifier for the traditional 60/40 portfolio
• How to source a direct lending allocation to achieve distinct but common client goals
• What features advisors should consider when selecting an investment vehicle

David will also share highlights from the latest Golub Capital Middle Market Report. Published each quarter, the Golub Capital Middle Market Report analyzes the results of the Golub Capital Altman Index, the first and longest-running index based on actual revenue and earnings for middle market companies.

Accepted for 1 CFP^® / IWI / CFA CE Credit

Speaker:

David Santoriello is a Managing Director and Deputy Head of Private Wealth Americas of Golub Capital, a market-leading, award-winning direct lender and experienced private credit manager. As of January 1, 2025, Golub Capital had over $75 billion of capital under management, a gross measure of invested capital including leverage. Golub Capital partners with institutional investors and family offices, offering tailored solutions for investors’ credit asset strategies. The Firm specializes in delivering reliable, creative and compelling financing solutions to companies backed by private equity sponsors. Golub Capital has been a top 3 U.S. Middle Market Bookrunner each year from 2008 through Q4 2024 for senior secured loans of up to $500 million for leveraged buyouts. Golub Capital has been consistently recognized with industry awards, including Lender of the Decade, Americas (Private Debt Investor, 2023), Senior Lender of the Decade, Americas (Private Debt Investor, 2023), Lender of the Year, Americas (Private Debt Investor, 2014, 2015, 2016, 2018, 2021, 2022, 2023), Senior Lender of the Year, Americas (Private Debt Investor, 2015, 2016, 2017, 2019, 2020, 2023) and BDC Manager of the Year, Americas (Private Debt Investor, 2015, 2016, 2017, 2023).

Mr. Santoriello joined Golub Capital in 2021 and is a Managing Director and Deputy Head of Private Wealth Americas within the Investor Partners Group. He is responsible for supporting Golub Capital’s distribution, marketing and client service activities in the private wealth channel in North and South America. He was previously Head of the Product Specialist group, responsible for supporting business development and investor relations as a subject-matter expert for the Firm’s private funds. Prior to joining Golub Capital, Mr. Santoriello was a Director in the Product Development and Management group at Guggenheim Partners.

Mr. Santoriello earned his BBA, with distinction, from the Stephen M. Ross School of Business at the University of Michigan. He received an MBA, with distinction, from the NYU Stern School of Business. He is a CFA^® Charterholder and has earned the right to use the Chartered Alternative Investment Analyst (CAIA) designation.