Discover this podcast and so much more

Podcasts are free to enjoy without a subscription. We also offer ebooks, audiobooks, and so much more for just $11.99/month.

#318 - Jillian Murrish - Co-Founder @ Pier Asset Management - Speciality Finance Makes The World Go Round

#318 - Jillian Murrish - Co-Founder @ Pier Asset Management - Speciality Finance Makes The World Go Round

FromThe Fort - An Entrepreneurship Podcast


#318 - Jillian Murrish - Co-Founder @ Pier Asset Management - Speciality Finance Makes The World Go Round

FromThe Fort - An Entrepreneurship Podcast

ratings:
Length:
71 minutes
Released:
Nov 2, 2023
Format:
Podcast episode

Description

Jillian Murrish is Co-founder and CEO of Pier Asset Management, where she manages the firm and heads business development. Before founding Pier, Jillian was EVP of Capital Markets at Patch of Land and an investment banker at Houlihan Lokey.
On this episode, Chris and Jillian discuss:

Senior Credit Facilities

Litigation Finance

Underwriting risk

Consumer Loan defaults

Why private credit firms should not be regulated like banks


We'd appreciate you filling out our audience survey, so we can continuously work on providing relevant content to our listeners. 
https://www.thefortpod.com/survey

Links
Jillian on Twitter
Pier Asset Management
Topics
(00:00:00) Intro
(00:01:30) Jillian’s background and career
(00:10:39) Getting great prices for great assets vs. great prices for messy assets
(00:15:24) Providing senior credit facilities
(00:16:39) Why would someone borrow from you vs. a bank?
(00:19:28) Do you have a capacity of how much you can lend?
(00:21:58) Litigation Finance
(00:33:42) How are you sourcing deals?
(00:35:11) Are there common traits in deals that allow you to underwrite risk?
(00:37:53) Music royalties
(00:44:05) What are you seeing in today’s environment?
(00:46:14) Is the consumer paying their loans?
(00:49:07) What’s the shortest duration you want to be in a loan for?
(00:50:39) What’s happening in the auto loan world?
(00:56:17) How do you think about secured vs. unsecured notes?
(00:58:23) What % of deals do you write that you need to repo? 
(00:59:19) Why and why not private credit firms should be regulated like a bank
(01:01:43) Do you have a favorite story when it comes to a non-performing loan?
(01:03:07) What gave you the entrepreneurial bug?

Support our Sponsors
Fort Capital: https://bit.ly/FortCapital
Follow Fort Capital on LinkedIn: www.linkedin.com/company/fort-capital/

Chris on Social Media:
Twitter: https://bit.ly/3BYIjcH
LinkedIn: https://bit.ly/45gIkFd
 
Watch The Fort on YouTube: https://bit.ly/3oynxNX
Visit our website: https://bit.ly/43SOvys
Leave a review on Apple: https://bit.ly/45crFD0
Leave a review on Spotify: https://bit.ly/3Krl9jO 

The FORT is produced by Johnny Podcasts
Released:
Nov 2, 2023
Format:
Podcast episode

Titles in the series (100)

The FORT host, Chris Powers, talks with leaders of businesses across real estate and a variety of industries. As the Founder of Fort Capital, Chris brings a unique perspective and style that allows for a meaningful conversation that dives deep into ideas and topics not regularly discussed. Chris covers each guests story and explores in detail the critical moments that led to success, failure, growth, and confidence. Chris also strives to ask questions that provide practical wisdom that all listeners can learn from – not just in business, but in our personal lives. Thank you for listening!!