Key Takeaways
- Giles Somerville, Partner at KG Investments, discusses the size of the US student loan market and the scale of distressed private debt within it.
- KG Investments is involved with Alt Lending and its strategy in delinquent and defaulted private loan portfolios.
- Somerville explains how Alt Lending aims to benefit borrowers through fair refinancing rather than litigation-heavy collection.
- He considers how the new Trump administration's approach to federal collections could affect the student loan market.
- Kingsbury & Partners and Alt Lending partnered on a $15M private credit issuance, and a second $15M facility has since followed.
About the Understanding Alt Lending series
Understanding Alt Lending is where we speak to the leadership team and key stakeholders of Alt Lending, a specialist lender in US student loan refinancing. Recently Kingsbury & Partners and Alt Lending announced a partnership for a $15M private credit issuance to support the acquisition and servicing of a portfolio of distressed, delinquent and defaulted private US student loans.
Update (October 2026): Kingsbury & Partners has since completed a second USD 15M senior secured facility for Alt Lending, bringing total CLN issuance to Alt Lending to USD 30 million.
What we discuss with Giles Somerville
Today we speak to Giles Somerville, Partner at KG Investments, where we discuss:
- The size of the student loan market in the US
- Giles' and KG Investments' involvement with Alt Lending
- How Alt Lending is beneficial to the US loan market and borrowers
- The impact of the new Trump administration on the student loan market
KG Investments and Alt Lending links
- KG Investments website: https://www.kginvest.net/
- Alt Lending's website: https://altlendingllc.com/
Further reading on Alt Lending and student loans
For more about our partnership with Alt Lending, read Expanding Opportunities: Our Latest Partnership with Alt Lending. For background on the market, see investing in private student loans and what a second Trump term means for federal and private student loans. Catch up on the series with Mark Brenner, CEO of Alt Lending and Mary-Jo Terry, COO of Alt Lending.
Disclaimer: This video has been prepared for informational purposes only and does not constitute a solicitation, offer or recommendation to engage in financial services of any kind.
