{"podcast":{"title":"Capital Decanted","slug":"capital-decanted-6600567","podcast_index_feed_id":6600567,"rss_url":"https://anchor.fm/s/e7ad5f9c/podcast/rss","website_url":"https://podcasters.spotify.com/pod/show/capital-decanted","image_url":"https://d3t3ozftmdmh3i.cloudfront.net/staging/podcast_uploaded_nologo/38768991/38768991-1772486646526-6b26282e2c389.jpg","author":"John Bowman and Aaron Filbeck","episode_count":47,"summary":"Say goodbye to tired market takes and superficial sound bites. Because here, instead of skimming the surface, we dive into the heart of capital allocation — striking the perfect balance and exposing the subtleties that reveal the topic’s true essence. Prepare to have your perspectives challenged as we open up the issues that resonate with the hearts and minds of those shaping asset management.","last_synced_at":null,"page_url":"https://stenobird.com/podcast/capital-decanted-6600567"},"episode":{"title":"S2 | Episode 10: Asset-Based Lending: An Asset Class or a Collection of Esoteric Collateral? with Greg Turk and Cedric Henley","slug":"s2-episode-10-asset-based-lending-an-asset-class-or-a-collection-of-esoteric-collateral-with-greg-turk-and-cedric-henley","published_at":"2025-06-24T10:30:00+00:00","page_url":"https://stenobird.com/podcast/capital-decanted-6600567/s2-episode-10-asset-based-lending-an-asset-class-or-a-collection-of-esoteric-collateral-with-greg-turk-and-cedric-henley","show_page_url":"https://stenobird.com/podcast/capital-decanted-6600567","url":"https://podcasters.spotify.com/pod/show/capital-decanted/episodes/S2--Episode-10-Asset-Based-Lending-An-Asset-Class-or-a-Collection-of-Esoteric-Collateral--with-Greg-Turk-and-Cedric-Henley-e34kk4l","audio_url":"https://anchor.fm/s/e7ad5f9c/podcast/play/104533589/https%3A%2F%2Fd3ctxlq1ktw2nl.cloudfront.net%2Fstaging%2F2025-5-25%2Fb52518d8-0a52-8472-cf98-dfac805a36a8.mp3","summary":"Asset-based lending has come of age, but its evolution has made it challenging to put it in a homogeneous category or asset class, given its complexity and diversity of the underlying universe. From receivables and real estate to royalties and R&D, the range of collateral backing these loans raises questions about ABL's position within the broader private credit complex. In this episode, we attempt to define the history and parameters of ABL, including how loans are structured, as well as crucial due diligence and portfolio construction considerations. To help us explore these topics, we're joined by Greg Turk, Deputy CIO of Illinois Police Officers' Pension Investment Fund, and Cedric Henley, Partner and Chief Risk Officer of Specialty Finance at SLR Capital Partners. Introduction : (0:48) Halftime : (57:12) Guest : (1:02:45) Guests: Cedric Henley, Partner and Chief Risk Officer of Specialty Finance at SLR Capital Partners Greg Turk, Deputy CIO, Head of Private Markets, Illinois Police Officers Pension Investment Fund Episode Sources","meta_description":"Asset-based lending has come of age, but its evolution has made it challenging to put it in a homogeneous category or asset class, given its complexity an…","key_points":[],"chapters":[],"topics":[],"duration_seconds":6199,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/capital-decanted-6600567/episodes/s2-episode-10-asset-based-lending-an-asset-class-or-a-collection-of-esoteric-collateral-with-greg-turk-and-cedric-henley/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/capital-decanted-6600567/s2-episode-10-asset-based-lending-an-asset-class-or-a-collection-of-esoteric-collateral-with-greg-turk-and-cedric-henley.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}