Podcast Episode
Ep 10 Part 1: Expanding Access to Cash-Flowing Private Credit with Shawn Muneio
About this episode
Brian Dally, CEO of Groundfloor, introduces Beyond the Stock Market and interviews Shawn Muneio, co-founder and managing partner of Bequest Asset Management. Muneio shares his path from telecommunications to launching an investment company in 2015, moving from distressed notes to running an asset management firm focused on cash-flowing alternative investments, with over $60 million in equity under management and about 500 investors. He explains Bequest’s shift from serving only accredited investors via Reg D/506(c) to pursuing structures that expand access to non-accredited investors, aiming to bring institutional-quality asset-backed income to the “99%.” Muneio outlines Bequest’s four principles—cash flow, control, comprehension, and community—highlighting junior lien mortgage portfolios, and discusses pressures on the 4% withdrawal rule amid inflation and low dividends, arguing for cash-flowing alternatives.00:00 Welcome and Guest Intro01:39 Shawn’s Origin Story03:40 Mission Expanding Access06:32 Four Cs Investing Framework06:53 Cash Flow and Private Credit10:26 Rethinking the 4% Rule13:26 Part Two Teaser and WrapBeyond the Stock Market podcast: https://groundfloor.com/podcastConnect with Brian Dally on LinkedIn: https://www.linkedin.com/in/bdally/Connect with Shawn Muneio on LinkedIn: https://www.linkedin.com/in/shawn-muneio-92884621/References:Bequest Asset Management: https://bqfunds.com/
The views and opinions expressed in this podcast are those of the participants and do not constitute investment advice, a solicitation, or an offer to buy or sell any security or financial instrument. Past performance is not indicative of future results. All investments involve risk, including the possible loss of principal. Any return figures or projections discussed are illustrative only and are not guaranteed. Private market investments may be illiquid and are not suitable for all investors. Please consult a qualified financial advisor before making any investment decisions.