Stanford Brown's Market Insights

In this episode of Meet the Investor, we're joined by Andrew Lockhart, Managing Partner at Metrics Credit Partners, one of Australia's largest lenders outside of the major Australian banks. Andrew takes us through his career, sharing the origins and evolution of Metrics Credit Partners and the firm's role in shaping the private credit landscape in Australia. We dive deep into the world of private credit, a sector that has garnered significant attention in recent years. Andrew defines what private credit entails and addresses concerns surrounding its potential risks, including the notion of it being a bubble and the perceived lack of regulation. He offers his perspective on why some loans may be considered too risky for banks and how Metrics navigates these challenges. As the private credit market continues to expand rapidly, Andrew discusses the implications of this growth, the potential for rate compression, and whether increased competition might lead to riskier lending practices. We also explore the bro