Sixth Street's been active in Europe since the start of the firm.
I've seen the European team grow. We now have business units spanning real estate, direct lending, financial services, insurance.
We're seeing a significant increase in opportunities to work directly with businesses that need capital to solve a range of different outcomes.
We see less aggressive competition from the public capital markets and the supply demand dynamic of capital available versus the size of the opportunity set is more in our favor.
There's a humongous opportunity across all other parts of Europe for us to continue to invest where we've been successful as a platform, but also attack whitespace ideas across Europe.
We're looking to be the most flexible, collaborative, innovative capital solutions provider to all of the counterparties we work with across the globe.
When we go talk to our LPs, they always say like, what's your single biggest differentiator? Single biggest advantage. It's our ability to work in a very seamless way across all parts of Sixth Street.
And the way we are successful in doing that is doing it through our flexibility of capital, but also through a thematic sector-based approach.
You have to have really local expertise and deep relationships in those geographies, in those asset classes to thrive in this market.
The cross platform collaboration transcends not just asset classes and industries, but continents.
It doesn't matter if it's a real estate deal, it's a corporate lending deal. All these people always get together and discuss and debate what is the best way to collaborate.
The ability to bring together different asset class expertise, industry expertise, flexible liability structure, and attack a solution quickly, really sets us up for success.
