Fixed + Floating - The Credit Podcast

By Josef Pschorn

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Image by Josef Pschorn

Category: Investing

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Episodes: 15

Description

Fixed + Floating is a credit podcast for investors and finance professionals. Hosted by credit portfolio manager Josef Pschorn, the show features conversations with leading voices from investing, research, and academia on private credit, high yield, distressed debt and credit cycles. We break down the technical mechanics of credit markets — from covenant evolution and liability management to restructuring, quantitative credit, and the impact of macro policy. New episodes twice per month.

Episode Date
Distress in Building Materials: Why It’s Really One Housing Trade | Andy Belton (Creditsights)
May 26, 2026
Significant Risk Transfer (SRT) Mechanics: Capital Relief, Tranching, and Cycle Risk | Frank Benhamou (Cheyne Capital)
May 12, 2026
Liability Management in Software Credit: Covenant Erosion, Drop-Downs & the Xerox JV Maneuver | Sabrina Fox (Fox Legal Training)
Apr 21, 2026
Private Credit, Life Insurers, and Rating Arbitrage | Jakub Lichwa (TwentyFour AM)
Mar 24, 2026
Software Moats & AI Capex Risk: Why Dominant Firms Stay Dominant | James Bessen (Boston University) #09
Mar 10, 2026
Software Credit Below 80: Who Survives AI in a $40B Loan Market? | Alec Keblish & Matthew Hughes (9fin) #08
Feb 24, 2026
BDC Stress in Private Credit: Redemptions, PIK Risks & Valuation Pressure | John Giordano (Seaport Global) #07
Feb 10, 2026
High Yield's Fool's Yield Trap: Why 7.9% Returns Beat 13.9% Yields | Greg Obenshain (Verdad Capital) #06
Jan 27, 2026
INEOS Credit Deep Dive: Project One, High Yields & Refinancing Risk | Timothy Riminton (Bloomberg Intelligence) #05
Jan 13, 2026
Chemicals Credit Stress: Overcapacity, Energy Shock & Refinancing Risk | Timothy Riminton (Bloomberg Intelligence) #04
Dec 19, 2025
Private Credit Power Center: BDCs, Insurers & PE Capital | Jakub Lichwa (TwentyFour AM) #03
Dec 07, 2025
Shadow Defaults & Private Credit Risks in Credit Markets | Edward Altman (NYU Stern) #02
Nov 23, 2025
First Brands Collapse: Chapter 11 & Distressed Credit Lessons | Jared Muroff (Octus) #01
Nov 09, 2025
Inside First Brands’ Collapse - Snippet
Nov 09, 2025
Fixed+Floating - The Credit Podcast: Official Trailer
Nov 02, 2025