Payment-in-kind (PIK) usage is often talked about as a problem for direct lenders, partly because PIK is viewed as a sign of portfolio stress. But there are reasons why lenders…
Kunal Shah
Kunal is Managing Director and Head of Private Asset Research & Model Portfolios, focused on the identification, selection and due diligence of private equity funds to be offered on the Flagship Platform.
Previously, Kunal was a Principal in the private markets group at Meketa Investment Group, a leading global investment consultant serving pensions funds, endowments and foundations, and family offices. In that role, Kunal was responsible for leading and managing private equity fund investments. He joined Meketa in 2006 and invested globally, covering buyouts, venture capital, private debt, natural resources, and infrastructure investments. He also developed and led Meketa’s secondary funds purchase practice. Kunal has also served on various limited partners advisory boards. Prior to Meketa, Kunal was an analyst at The Vanguard Group. He received a BS in Business Administration with a concentration in Finance from Drexel University.
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