Benefits of a Disciplined Corporate Lender in a Strategic Multi Asset Portfolio: Joe Millward from Epsilon

In this episode of Pizz-Spectives, host Rob Pizzichetta welcomes Joe Millward, co-founder of Epsilon Direct Lending, to discuss the intricacies of private markets, specifically focusing on corporate lending. Joe shares his background in funds management, the founding story of Epsilon, and their unique approach to mid-market direct lending. The conversation covers the importance of thorough due diligence, selecting high-quality non-cyclical sectors, and the robust security measures they implement. Joe also discusses the current economic landscape, the impact of interest rates, and the outlook for private credit in Australia. The episode concludes with insights into regulatory engagement with ASIC and the future of private lending. For more information on Epsilon Direct Lending, visit their website or connect with Joe on LinkedIn. 00:00 Introduction and Disclaimer 00:19 Meet Joe Millward: Background and Experience 02:08 Founding Epsilon Direct Lending 04:16 Private Lending Market in Australia vs. UK 05:13 Risk Management in Private Lending 07:33 Lending Criteria and Sector Focus 12:35 Loan Usage and Security 19:47 Market Outlook and Economic Factors 21:57 ASIC White Paper and Regulatory Insights 25:34 Conclusion and Contact Information