José Miguel Correa, BTG Pactual: cómo se construye una de las mayores carteras de deuda privada

José Miguel Correa heads one of Chile's largest alternative asset managers. The head of Alternative Assets and deputy manager at BTG Asset Management discusses the growth of private debt, which in Chile has almost tripled in seven years: from US$2.6 billion in 2018 to nearly US$6.8 billion last year. In this episode of Financial Signals, Correa traces his journey from fixed income at Corpbanca to managing a US$2.5 billion alternative portfolio at AFP ProVida. Today, BTG manages approximately US$1 billion in private debt and around US$2 billion in alternative assets, including real estate and forestry. The conversation explores how private credit is created—"if the origination is bad, everything that follows will be bad"—and the investment philosophy of the new fund that is lending to companies like Hites and Copeval. It also addresses the private credit scare in the United States and details how it is preparing to face the consolidation that is reshaping the industry. Listen to the full episode on YouTube, Spotify, and df.cl. Financial Signals is a podcast from Diario Financiero (DF). Subscribe for new episodes. Subscribe:    / @diariofinancierotv   ****** Our website: https://www.df.cl/ Follow us on Twitter:   / dfinanciero   See us on Instagram:   / diariofinan.  . Like us on Facebook:   / diariofinanciero