Past Performance Is Not Indicative of Future Results, So, We Underwrite the Future, Not Assume It The familiar sentence appears across every corner of the investment world. Beneath tables, beside charts, inside offering documents. Past performance is not indicative of future results. We have seen this play out in countless ways across credit cycles: liquidity that expands and contracts, models…
The Architecture of Liquidity at Garrington In The Liquidity Advantage: What Investors Gain by Thinking Beyond Daily Access, we explored the real value behind less liquidity. This week’s blog continues that conversation. Here, we focus on how Garrington manages liquidity across its portfolios and how we plan, forecast, and structure access to ensure that investors benefit from flexibility without compromising…
The Liquidity Advantage: What Investors Gain by Thinking Beyond Daily Access At Garrington, we view liquidity not as a limitation, but as a strategic advantage when it’s planned, transparent, and aligned with the underlying tangible assets. The question we often hear “If I can sell a bond fund any day, why would I tie up capital in private credit even…
Staying Disciplined in a Competitive Market – Garrington’s Perspective on “The Battle for the Borrower” A recent piece by Matt Savino, Global Head of Capital Markets at The Carlyle Group, titled “Battle for the Borrower”, explored what the author sees as a growing rivalry between private credit lenders and the broadly syndicated loan (BSL) market. The article argues that as…
