Global Credit Advisers, LLC

John A. Popp, CEO, sets firm strategy and oversees investment committee decisions. Chief Investment Officer Evan M. Munves, who previously ran credit portfolios at AIG and Goldman Sachs, leads day-to-day credit underwriting and portfolio management (per the firm's ADV filing).

GCA sources deals through direct relationships with middle-market companies, sponsor networks, and investment banks, as well as through secondary market purchases of distressed or stressed credit assets. The firm does not publicly disclose its sourcing volume, but its regulatory filings indicate a focus on bilateral negotiations rather than broadly syndicated transactions.

The firm targets private credit across the capital structure, including senior secured loans, unitranche facilities, mezzanine debt, and structured credit. It avoids equity co-investments and direct sponsor buyout equity, focusing on secured, floating-rate instruments in middle-market companies and infrastructure projects.

GCA generally avoids unsecured consumer credit, pure equity co-investments, and venture-stage financing. The firm concentrates on secured debt in tangible asset-heavy industries such as energy, infrastructure, real estate, and business services.

GCA is an independent, SEC-registered adviser with no publicly disclosed parent company or institutional affiliation. It is not a bank, broker-dealer, or insurance company, which gives it structural independence from constraints that affect other credit providers.