The importance of data and culture in strategic management

Brian Breakstone, CFO and Partner at Waterfall Asset Management, LLC, discusses the firm's 20-year journey as a high yield structured credit manager.

He delves into the firm's focus on specialty finance within asset-backed securities, loans, and other sectors. Brian highlights the importance of providing alternative credit exposure to retail investors and outlines the challenges and opportunities that come with it. He emphasises the necessity of having a unified data source and the critical role of culture and people in maintaining institutional knowledge and achieving long-term success.