Pagaya’s Co-founder & VP Sales Yahav Yulzari was pleased to present at a recent investor conference hosted by NOX Wealth Advisors of Tel-Aviv, Israel. The forum focused on investments into alternative assets, a growing area of interest for institutional and high net worth investors.
Yahav spoke about Pagaya’s strategy to investing in US consumer credit using a proprietary AI-based technology to actively select and underwrite individual whole loans, as well as manage related credit risk. Representing a +$4 trillion investment opportunity, US consumer credit offers compelling risk-adjusted returns with low correlation to broader markets in comparison to traditional fixed income. Access to date, however, has been limited to the major banks and financial institutions. Pagaya’s mission is to bridge that fintech gap by offering access to a broader institutional and high net worth investor base.
NOX Wealth Advisors
NOX Wealth Advisors is an Israel based family office with focus on high net worth clientele. The firm is led by Guy Yavin who brings over 15 years experience in senior management roles within the asset management industry, with emphasis on HNW markets. NOX’s mission is to provide its clients with tailored portfolio solutions with emphasis on investing into alternative asset classes.
Pagaya Investments (Pagaya) is a financial technology company disrupting the asset management space using machine learning and big data analytics in the fixed income markets. With a focus on fixed income and alternative credit, Pagaya’s investment products are targeted at institutional and high net worth investors including pension funds, insurance companies, family offices and banks.
Backed by leading fintech investors including Oak HC/FT, Viola Ventures and former AmEx Chairman Harvey Golub, Pagaya has built the first comprehensive loan level database utilizing a hybrid of machine learning and financial technologies to source alpha to its short duration, high yield portfolio strategies. The company recently completed its Series C corporate funding round with participation by all original VC investors.