Episode Summary
In this episode of The Wealth Exchange, Rob Olsen, Head of Private Capital, is joined by Stacey Mouadeb, Director in Nicola Wealth’s private debt platform, for a conversation with Rick Jain, Partner and Global Head of Private Credit at Pantheon.
Together, they break down credit secondaries: what they are, how they work, and why more institutions are using them to create liquidity, rebalance portfolios, and manage risk. Rick explains how buying existing portfolios of loans at a discount can help investors seek income, diversification, and potential upside, while still putting capital protection first – a key difference from traditional private equity secondaries.
The discussion also follows Rick’s path from growing up in Toronto to building a global private credit platform in New York, and explores how Pantheon and Nicola Wealth think about quality, scale, and downside protection in today’s environment.
Whether you’re already invested in private credit or simply curious about how this part of the market works, this episode offers a clear, practical introduction to an area that is becoming increasingly important for investors.
Rick Jain
Partner and Global Head of Private Credit at Pantheon
Guest on The Wealth Exchange
Episode Featured on:
The Wealth Exchange
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Disclaimer
This presentation contains the current opinions of the presenters and such opinions are subject to change without notice. This material is distributed for informational purposes only and is not intended to provide legal, accounting, tax, or specific investment advice. Nicola Wealth Management Ltd. (Nicola Wealth) is registered as a Portfolio Manager, Exempt Market Dealer and Investment Fund Manager with the required securities commissions. Any mention of third-party products, services, or organizations on the podcast is for informational purposes only and does not constitute an endorsement or recommendation. Testimonials were solicited and are the current opinions of Nicola Wealth clients, and such opinions are subject to change without notice. The views presented may not be representative of the views of other clients.
