Based in Chicago and Miami, Chicago Atlantic is a credit-oriented investing platform seeking to capitalize on investment opportunities that are time-sensitive, complex, or in dislocated markets, where risk is fundamentally mispriced. With a team of over 50, they are experts in secured lending to the US cannabis industry and have produced outstanding investment returns.
The cannabis industry stands out because a very limited supply of capital chases a seemingly unlimited supply of deals. Most markets behave in the opposite manner, and so the firm's founders quickly realized that the supply and demand for capital was totally distorted and that there was a significant opportunity for both alpha as well as scale.
The firm has delivered strong returns to investors since inception in 2019, driven by the team's deep expertise and an entrepreneurial approach to multi-asset class investing.
We will talk with Andreas Bodmeier, Ph.D., one of the three partners of Chicago Atlantic, about their background, industry focus, investment process and outlook for the next years:
- 01:16 (min:sec) - Chicago Atlantic’s “special sauce”: A key team of credit specialists with actual business operating experience
- 03:40 - Chicago Atlantic focuses on lending to cannabis operators. Why did they pick this industry?
- 05:15 - Investment Strategy: Better economics and better structures
- 06:45 - Loans outside of the cannabis industry:
- Chicago Atlantic’s process to originate loans
- 08:22 - Chicago Atlantic’s five key aspects when underwriting loans
- Multi-layered risk management and downside protection
- 12:07 - Has Chicago Atlantic ever had to foreclose on a borrower?
- 13:27 - Performance, investor base and track record
- Strategy outlook: A well performing portfolio positioned to benefit even more from higher rates
Opalesque INVESTOR WORKSHOP: How to Unlock Lucrative Opportunities through Secured Lending in Mispriced Niche Markets
Thursday, September 07th 11am ET: https://www.opalesque.com/webinar/#uw1
"Within two or three years, whenever we can get liquidity from our hedge funds, we will be primarily all out," Jagdeep Bachher, Chief Investment Officer of the University of California said. "Once we're out, we'll replace that obviously with private credit, which has been a better place to be."
"We find that private credit gives us not just the cash flow generation, but there is also a risk premium in there. That works for us," - Wyn Francis, Chief Investment Officer at Brightwell, the investment manager for the BT Pension Scheme.
In light of this growing institutional interest, we present this INVESTOR WORKSHOP with Chicago Atlantic's co-founder Andreas Bodmeier, PhD, MBA.
- Key Workshop Highlights:
- The Rise and Limits of Private Credit
- Explore the Principles of Secured Lending and Its Relevance in Niche Markets
- Discover Chicago Atlantic's Distinctive Investment Approach and Success Stories. The Necessity to Specialize
- How to Build a High-Quality Origination Pipeline
- Master Five Key Rules for Sound Underwriting
- Apply Risk Assessment and Product Structuring Methodologies
- Learn How to Identify and Capitalize on Mispriced Opportunities in Emerging Industries
- Engage in Interactive Sessions and Q&A with Industry Experts
You will be able to tune in to this webinar from any computer, tablet, or smartphone. The webinar will be recorded - in case you are not able to join, all registered participants will be provided a link to replay the webinar.
Register: https://www.opalesque.com/webinar/#uw1
Andreas Bodmeier, PhD, MBA, has been working at the intersection of finance and analytics for over 10 years. Prior to founding Chicago Atlantic, Andreas co-founded a boutique technology and consulting firm focused on FX and commodity risk management for multi-national corporations as well as advising on capital structure decisions and investor relations. He was also a co-founder of an SEC-registered online investment adviser for 401(k) or 403(b) retirement accounts. As Chief Investment Officer and Chief Compliance Officer, Andreas built the firm’s investment methodology and compliance program. Andreas has also served as a consultant for hedge funds, proprietary trading firms, commercial and consumer lenders, and pharmaceutical companies. His academic research at The University of Chicago Booth School of Business focused on capital market anomalies, portfolio allocation, and risk management.
Ph.D. in Finance and MBA, The University of Chicago Booth School of Business
MSc (Statistics), Humboldt University Berlin, Germany
BSc (Mathematics), Freie University Berlin, Germany
BSc (Physics), Freie University Berlin, Germany
BSc (Business Economics), University of Hagen, Germany
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