Strong underwriting, tight documentation and strong covenants are the foundations of any credit investment.
But as events involving First Brands and Tricolor have shown, they can only protect investors from the risks they can actually see.
With S&P expecting asset-based finance to surpass $1 trillion in the portfolios of the five largest private credit managers by 2029, the ability to verify ownership, spot competing claims, and monitor collateral in real time is becoming a core part of valuing a loan.
In this eBook, we explore:
Why visibility and control are two distinct problems for lenders
How blockchain and tokenisation could create a transparent, auditable record of ownership and pledges
Where smart contracts might embed controls directly into collateral frameworks
Why technology can enhance governance, but can’t replace the legal frameworks that underpin enforceability
If you invest in, lend against or allocate to private credit, this is a question worth asking before the next stress event rather than after.
