Discipline You Can Count: The Numbers Behind Our Underwriting It’s one thing to say a lending platform is disciplined. It’s another to show what that discipline actually looks like in the numbers. On a recent webinar introducing Garrington Private Credit to the US market, our President and Chief Credit Officer, Tammy Kemp, and our Executive Vice President and…
Performance Reflects Preparation With the Winter Olympics underway in Milano-Cortina, many of us have been following the events between meetings and calls. It is a global reminder that while performance happens in the spotlight, the foundation for that performance is built long before. What we see on race day is the visible outcome. What we do not see are the…
Where Opportunity Exists in Private Credit In recent years, several charts and league tables have circulated illustrating the growth of private credit. They often compare managers by assets under management, highlight the concentration of capital in the United States and Europe, and suggest where scale has accumulated. These visuals are helpful. They illustrate that private credit has become a permanent…
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…
Tricolor – When Incentives Overrun Controls The bankruptcy of Tricolor Holdings has drawn global attention to subprime auto finance. Tricolor was a Dallas-based used car dealer and subprime auto lender serving borrowers with limited credit history. It operated at the intersection of retail car sales and consumer lending, a model that can blur incentives when sales and underwriting sit under…
The Discipline Behind the Numbers: Why Stability Is the New Alpha Conventional wisdom says investing is all about compromise. If you want the upside of equities, you must live with volatility. If you want safety, you accept muted returns. But the past decade has shown that this isn’t the only path. As Warren Buffett wisely stated , “The first rule…
Reading The Ice, Funding With Foresight There’s something distinctly Canadian about tying business lessons back to hockey, and for us, it feels right at home. My dad always said, “The best offence is a good defence.” While I may have rolled my eyes when I was younger, that mindset is surprisingly helpful when thinking about how we approach lending. At…
Why Smaller Credit Platforms Can Do Big Things A case for precision, alignment, and the value of saying no. It’s easy to equate size with strength. In private credit, AUM headlines are often seen as a proxy for performance. Bigger funds, bigger teams, bigger raises, the story goes that scale is everything. But there’s a different story worth telling. Boutique…
Opening the Books: Highlights from Our Q2 Investor Call Transparency is more than a value; it is a practice. At Garrington, we host quarterly calls to open the books, share our thinking, and answer every question, because protecting capital is about more than strong numbers. It is about trust. During our Q2 call, our leadership team, Toreigh Stuart, Tammy Kemp,…
