Strategy Spotlight: Specialty Finance -Media & Entertainment

Castle Hill has built a platform of 'uncorrelated income' strategies. This quarter, we're highlighting one example: a specialty lender serving the media and entertainment vertical. Castle Hill has worked with this fund since inception - sourcing the institutional anchor investor -  and has invested through a related vehicle in 3 of the 4 vintages.

We gravitate toward specialty lending because the markets are smaller, less competitive, harder to scale as the markets are too small to be efficiently accessed by the mega private credit platforms. The media market specifically requires IP expertise, industry relationships, empathy for creatives, and robust structuring knowledge. The result is a diversified portfolio across all elements of media/entertainment, each unrelated to the others.

The Strategy has found traction largely with family offices that have built uncorrelated income portfolios to provide diversification against larger private credit allocations.