Podcast Episodes
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Don’t Fall for the Headlines
Q1 is in the books and the board meeting is next week. Nelson and Prath get into what the quarter actually looked like: net flows flat, no gates, new…
1 day, 1 hour ago
The Banks Want It Both Ways
Bank earnings are blowing out, and every CEO is suddenly talking up private credit — the same asset class they spent last year warning about. Nelson …
2 weeks, 1 day ago
Growing Pains
Prath comes off the road from back-to-back investor conferences in Deer Valley and Aspen with a read on where institutional sentiment actually stands…
4 weeks, 1 day ago
Surviving Long Enough to Get Lucky
The media is having a field day with private credit redemptions, but is the panic justified? This week, Nelson and Prath break down the barrage of ga…
1 month, 1 week ago
I Can’t Keep Up
Blackstone processes $3.8 billion in record redemptions while its executives write $400 million in checks to cover the gap. Another double-pledging s…
1 month, 3 weeks ago
Do The Work
This week’s theme is simple: the people who didn’t do the work got caught. Nelson and Prath cover First Brands, double-pledging, and why relying on P…
2 months, 1 week ago
When SaaS Breaks, Credit Blinks
While Prath’s in Arizona and Nelson’s battling an AI agent back in New York, the duo unpacks the AI-driven software selloff and what it could mean fo…
2 months, 3 weeks ago
When Private Credit Falls Apart
We almost got caught up in the First Brands mess years ago, but declined because it didn’t pass muster. Now it’s a $2.3B black hole. This week, Nelso…
3 months, 1 week ago
Good Things Happen Over Time. Great Things Happen All At Once.
Prath’s favorite saying becomes the theme of the episode. In the first full week of 2026, Percent signed a new software client, activated white-label…
3 months, 2 weeks ago
Why We Built SMAs (and Who They’re For)
In this episode, I sit down with Bryan Pham, our Head of Institutional Sales, to talk about the launch of our Separately Managed Accounts and why we …
7 months, 2 weeks ago