Ruven Shafir

In a saturated private credit market, investors are turning to niche and asset-based strategies—like litigation finance, equipment leasing, and trade receivables—to uncover alpha. As yield compression hits core direct lending, 2025 is shaping up to be the breakout year for credit specialization. This session will explore how LPs and managers are sourcing differentiated opportunities and navigating risk in non-traditional credit verticals.