{"podcast":{"title":"InsuranceAUM","slug":"insuranceaum-com-113748","podcast_index_feed_id":113748,"rss_url":"https://feed.podbean.com/insuranceaumjournal/feed.xml","website_url":"https://insuranceaum.com/","image_url":"https://pbcdn1.podbean.com/imglogo/image-logo/7233232/IAUM_Podcast8caf0.jpg","author":"InsuranceAUM","episode_count":100,"summary":"Tune in to the InsuranceAUM Podcast, hosted by our Founder and Senior Advisor, Stewart Foley, CFA. Our podcast features insightful conversations with CIOs, asset managers, and other distinguished professionals in the insurance asset management industry. Each episode delves into the latest trends, challenges, and opportunities, providing listeners with valuable perspectives and practical advice. Don’t miss out on these engaging discussions that are essential for insurance investors and asset managers.","last_synced_at":"2026-09-11T22:21:31.252508+00:00","page_url":"https://stenobird.com/podcast/insuranceaum-com-113748"},"episode":{"title":"Episode 385: Private Credit Beyond the Headlines: What Insurance Investors Need to Know","slug":"episode-385-private-credit-beyond-the-headlines-what-insurance-investors-need-to-know","published_at":"2026-09-11T10:47:43+00:00","page_url":"https://stenobird.com/podcast/insuranceaum-com-113748/episode-385-private-credit-beyond-the-headlines-what-insurance-investors-need-to-know","show_page_url":"https://stenobird.com/podcast/insuranceaum-com-113748","url":"https://insuranceaumjournal.podbean.com/e/episode-385-private-credit-beyond-the-headlines-what-insurance-investors-need-to-know/","audio_url":"https://mcdn.podbean.com/mf/web/z5v8hua24idqbnn2/IAP_-_0811_Principal_Audio_v17tqoc.mp3","summary":"In this episode, Tim Warrick, CFA, Managing Director and Head of Alternative Credit at Principal Asset Management, discusses what insurance investors should know about private credit beyond the headlines. He shares Principal Asset Management’s perspective on the differences across lower, core, and upper middle market direct lending, including how leverage, covenants, liquidity, and borrower characteristics can shape risk and return. The conversation also explores why portfolio construction begins before a loan is originated, how active monitoring and downside testing can support capital preservation, and where Tim sees persistent value across private credit. He also discusses diversification, the role of the illiquidity or “inefficiency” premium, and how the market may continue to evolve as more investors enter the asset class.","meta_description":"In this episode, Tim Warrick, CFA, Managing Director and Head of Alternative Credit at Principal Asset Management, discusses what insurance investors shou…","key_points":[],"chapters":[],"topics":[],"duration_seconds":1842,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/insuranceaum-com-113748/episodes/episode-385-private-credit-beyond-the-headlines-what-insurance-investors-need-to-know/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/insuranceaum-com-113748/episode-385-private-credit-beyond-the-headlines-what-insurance-investors-need-to-know.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}