Private market income solutions: The role of diversification across private credit
Tuesday May 20
at 12:00 PM EDT
WEBINAR ENDED
About This Webinar
Private credit extends across a vast universe of opportunities. Join us for an interactive discussion on building resilient portfolios through diverse income-producing solutions, including real estate debt, infrastructure investments, in addition to direct lending. Learn how to strategically approach private market investing through real-life implementation ideas.
Continuing education credit Our event offers one hour of continuing education (CE) credit for U.S. financial professional participants with the following designations: CFA, CFP, CFFP, and IWI (state insurance CE isn’t available).
CE credit eligibility requirements:
Attend the live webinar for a minimum duration of 50 minutes.
Complete the applicable CE credit fields during registration.
Agenda
Featured Presenters
Art Jones
Senior Director, Research & Strategy, Principal Real Estate
Art is responsible for guiding the team’s U.S. and European regional and macroeconomic outlooks, as well as helping guide the firm’s portfolio strategy and allocation decisions. He’s the author of numerous thought pieces focusing on both property sectors and broader economic and capital market trends that impact commercial real estate investment. Prior to joining Principal, he was Senior Managing Economist at CBRE EA in Boston where he led the Office and Industrial commercial real estate research and forecasting teams. Art has 16 years of experience in commercial real estate research, covering both space and capital markets, as well as a background in regional and labor economics. His prior experience includes several years as an economist with the U.S. Census Bureau, where he authored numerous publications on income trends and survey methodology. Prior to his career at Census, he served as a regional economist with Moody’s Analytics. He’s currently co-chair of the NCRIEF Research Committee and has given numerous presentations on economic growth and commercial real estate performance. He holds both a B.A. and an M.A. in economics from the University of Maine.
Mansi Patel
Head of Infrastructure Debt, Principal Real Estate
Mansi is responsible for the growth, operations, and strategy of the private infrastructure debt investment team. She joined Principal Asset Management in May 2024 having previously spent 18 years at MetLife Investment Management as managing director, head of infrastructure debt and project finance—North America, Latin America, and APAC. Prior to this role, she held a position at PricewaterhouseCoopers. Mansi earned a Master of Business Administration at Fairleigh Dickinson University and a Bachelor of Science at Rutgers University.
Kirloes Gerges
Portfolio Manager, Principal Real Estate Debt, Principal Real Estate
Kirloes focuses on high yield debt investments. Prior to joining Principal, Kirloes was the portfolio manager for Aon’s OCIO group where he was a four-quadrant investor with an emphasis on debt research and investments. Kirloes holds a bachelor’s degree in Economics from Rutgers University, and an MBA from Seton Hall University. Kirloes also holds a post graduate certificate in Real Estate Finance and Investment from New York University.
Tim Warrick, CFA
Global Head of Alternative Credit, Principal Alternative Credit
Tim leads the Principal Alternative Credit team and is a member of the Direct Lending Investment Committee. With over 30 years of experience, Tim has spent much of his career managing corporate and U.S. core plus portfolios. He previously served as Portfolio Management Team Leader with responsibility for overseeing portfolio management functions for all total return fixed income products. Tim also oversaw the corporate trading desk, was one of the first Portfolio Managers for the general account of Principal and began his career at Principal as a fixed income credit analyst focused on both private and public credit. In addition to his responsibilities with the firm, Tim also spent two years with ReliaStar Investment Research, Inc., where he was an Analyst for multiple sectors, including mezzanine debt, leveraged bank loans, corporate bonds and asset-backed securities. Tim received an MBA from Drake University and a Bachelor's Degree in Accounting and Economics from Simpson College. Tim holds the Chartered Financial Analyst designation and is a member of the CFA Institute.
WEBINAR DETAILS
Date:
Tuesday May 20, 2025
Time:
12:00 - 1:00 PM Eastern Time (US & Canada)
Cost:
Free
Language:
English
Webinar ID:
69deb8688ba6
Dial-in Info:
Dial-in Number: +1 (312) 248-9348
Dial-in ID:
Dial-in Passcode: 8486
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In Europe, this communication is directed exclusively at Professional Clients and Eligible Counterparties and should not be relied upon by Retail Clients. .
Past performance is no guarantee of future results and should not be relied upon to make an investment decision. Investing involves risk, including possible loss of principal.
Potential investors should be aware of the many risks inherent to investing in real estate, including: adverse general and local economic conditions that can depress the value of the real estate, capital market pricing volatility, declining rental and occupancy rates, value fluctuations, lack of liquidity or illiquidity, leverage, development and lease-up risk, tenant credit issues, circumstances that can interfere with cash flows from particular commercial properties such as extended vacancies, increases in property taxes and operating expenses and casualty or condemnation losses to the real estate, and changes in zoning laws and other governmental rules, physical and environmental conditions, local, state or national regulatory requirements, and increasing property expenses, all of which can lead to a decline in the value of the real estate, a decline in the income produced by the real estate, and declines in the value or total loss in value of investments in real estate.
Investments in private debt, including leveraged loans, middle market loans, and mezzanine debt, are subject to various risk factors, including credit risk, liquidity risk and interest rate risk.
Direct investments in real estate are highly illiquid and subject to industry or economic cycles resulting in downturns in demand. Accordingly, there can be no assurance that investments in real estate will be able to be sold in a timely manner and/or on favorable terms.
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The views presented here represent the opinion of the investment manager and may not come to pass. Unless otherwise noted, the information presented has been derived from sources believed to be accurate; however, we do not independently verify or guarantee its accuracy or validity. Any reference to a specific investment or security does not constitute a recommendation to buy, sell, or hold such investment or security, nor an indication that the investment manager or its affiliates has recommended a specific security for any client account. Subject to any contrary provisions of applicable law, the investment manager and its affiliates, and their officers, directors, employees, agents, disclaim any express or implied warranty of reliability or accuracy and any responsibility arising in any way (including by reason of negligence) for errors or omissions in the information or data provided.
The webcast discussion covers general information only and does not take account of any investor’s investment objectives or financial situation and should not be construed as specific investment advice, a recommendation, or be relied on in any way as a guarantee, promise, forecast or prediction of future events regarding an investment or the markets in general. The opinions and predictions expressed are subject to change without prior notice.
Investing involves risk, including possible loss of principal.
Past performance does not guarantee future return. All financial investments involve an element of risk. Therefore, the value of the investment and the income from it will vary and the initial investment amount cannot be guaranteed.
Principal Real Estate Investors is the dedicated real estate group of Principal Global Investors. Experience includes investment activities originally in the real estate investment area of Principal Life Insurance Company and continuing through the firm to present. .
Principal Asset Management℠ is a trade name of Principal Global Investors, LLC.
