Expanding Access to Cash-Flowing Private Credit | Pt 1

Expanding Access to Cash-Flowing Private Credit with Shawn Muneio | Ep 10 Pt 1

Brian Dally, CEO of Groundfloor, introduces Beyond the Stock Market and interviews Shawn Muneio, co-founder and managing partner of Bequest Asset Management in Sarasota, Florida. 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.