Brian is the Director of Investor Relations and SEC Compliance at Safe Harbor Equity. Brian has over 12 years of investor relations experience specializing in IPOs, shareholder turnover, cultivating Wall Street relationships, financial analysis, model construction. In addition, Brian spent 5 years on the sell side equity research covering REITs & consumer products. He has his B.S. Finance from Miami University (OH), and holds the Chartered Financial Analyst (CFA) designation.
Private Credit offers the potential for a strong alternative to traditional fixed income but it is important for investors to understand the different types of private credit–especially in uncertain times like now. In this panel, we will explore the various strategies and their opportunities and risks. We will focus on both the challenges and opportunities in this current pandemic environment.
Speakers: Matt Kiggins, Brett Hickey, Rob Jafek, Jordan Suppan, and Brian M. Prenoveau, CFA
COVID -19 is a disruptive event of unknown impact, no one has a crystal ball that can completely predict the outcome of this macro economic trend. The wider the zoom and the longer one extends the time horizon, the hazier the view becomes. The medium-term effects of the current crisis are beginning to come into sharper focus. As they do, our panelist will take a moment to share their frontline views on capturing opportunities in Distressed Real Estate and how the current dislocation is impacting the real estate sector and how to properly position themselves to cut losses and maximize opportunities. Since the beginning of the current monthly series, the picture and timeline has and will continue to evolve. Our panelist will offer their perspectives as a snapshot in time across various types of real estate and asset classes on what they believe the future looks like to them.
Speakers: Dave Lamb, Brian M. Prenoveau, CFA, Cross Moceri, Chad Carpenter, and Steven Solomon
Special situations amid COVID - 19 can either be good luck or trying to catch a falling knife. With winners and losers this panel of experts will review their reasons why they think certain investments present better risk reward ratios and support why they think this way. One thing for sure is that there are asset classes that are distressed while others at all time new highs like COVID - 19 never happened. You need to listen to this panel of experts if you want straight talk and an interactive discuss on where and how to best deploy your capital into a diverse set of special situations.
Speakers: Amanda Jogia, Brian M. Prenoveau, CFA, Karen Gados, Adrian Leon, and Rick Sharga
We are all aware of the profound disruption that this pandemic is causing to our lives and our economy. It is the first pandemic we are facing in modern times and the level of uncertainty about how the situation will unfold is just unbearable. There are too many variables, and we really don't know how bad the economy will be impacted, and how long it will take for it to recover; we don't even know if and when this virus will leave our lives. What we do know for sure, though, is that, no matter what the central banks and governments do—no matter how much money they print and how they distribute it—an increasing number of people will delay and default on their loans, and more companies will declare bankruptcy, as it's already happening. There is no doubt that this is a grim environment for investors, especially for those who have exposure to the most affected sectors. However, the good news is that this disruption is also generating unprecedented opportunities that we are going to discuss with our guest panelists.
2 Interesting Data Points
PNC Financial Services Group said, it completed the sale of its stake in money manager Blackrock Inc. for some $14.4 billion. The Pittsburgh-based bank sold 31.6 million shares of common and preferred stock through a registered offering at $420 per share.
Blackstone COO, John Gray says distressed buying opportunities are still about a year away from full scale deployment of 44 billion dollars of dry powder while posting a 1st quarter write down of 30.3% on their distressed debt opportunities fund.
Speakers: Christian Sarcuni, Brian M. Prenoveau, CFA, Luiz Pacheco, Bill Bymel, and Aradhna Dayal
Safe Harbor Equity is an opportunistic private equity firm that strategically acquires, originates, manages and repositions performing and nonperforming asset-backed real estate mortgages up to $20 million.
With a proven track record of success navigating the complexities of the distressed debt space, Safe Harbor Equity seeks to preserve investor capital while targeting IRR’s of 20% or higher by leveraging highly sophisticated, bleeding-edge analytical techniques, coupled with decades of collective experience, to provide its investors superior returns that are uncorrelated with market volatility.
Leveraging its extensive contacts in the secondary markets for residential and commercial real estate loans; the investment banking and private equity communities, and the commercial and residential real estate sectors in general, Safe Harbor Equity leverages its extensive network to source deals and seize upon unique opportunities wherever they may arise.