Constant — Earn ~10% yields with high-quality private credit funds

Hey everyone! Excited to launch Constant: we’re an investment platform providing access to high-quality private credit funds.

Private credit (like private equity - but for debt) is a $1.4 Trillion asset class that can offer high yields, limited risk, and strong diversification from other assets: we believe it deserves a place in most balanced portfolios. And yet, until now it’s dominated by institutions and ultra-wealthy individuals - we’re changing that.

Background

Constant was inspired by my time in the investment industry where I saw firsthand how powerful private credit can be to a portfolio. I previously worked at Silver Point, a credit fund run by the former heads of Goldman Special Situations, Goldman High Yield Credit and Goldman Bank Loans. Prior to Silver Point, I worked at J.P. Morgan, Blackstone and T. Rowe Price.

Problem

Few investors have exposure to private credit, even though it may provide meaningful benefits their portfolio. They don’t have the expertise or relationships to invest in private credit, nor do they have the time to manage the admin work. Plus, most investors can’t meet the $5M minimum investments that private credit funds often require.

Solution

Constant’s platform provides a curated set of high-quality private credit funds, and lets investors access them with low minimums. Our technology guides users through the complexities of funds, so users can make smart allocation decisions - regardless of whether they’ve invested in private credit before.

We’re unlocking a compelling asset class:

• Strong historical returns – over the last 20 years, private credit returned ~10% annually compared to ~6% annually for public loans. Despite capturing higher returns, private credit had lower volatility.
• Hedge against the market – private credit has historically shown a low correlation with other asset classes, so it may provide strong diversification from the rest of your portfolio.
• Hedge against inflation – interest rates for floating-rate private credit loans automatically adjust with the broader interest rate environment, which can help insulate investors from macroeconomic changes.
• Durable return premium – private credit tends to be less liquid than traditional asset classes, and investors can be compensated for this through higher returns. This can create a durable driver for continued outperformance.

Institutions and ultra-wealthy investors recognize these benefits - it’s no wonder the private credit industry has grown 350%+ since 2010:

Asks

Constant is an exclusive investment platform. If you’re interested, join our waitlist!

See additional information and important disclosures at useconstant.com