Planks & Pilings

We analyze charts, provide commentary, and more in our newsletter, Planks & Pilings.

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January 1, 2026
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Issue No. 31

December, as usual

At Pier, one of the things we do regularly is purchase portfolios of loans from stressed sellers. Buying portfolios in the secondary market shortens duration, as these portfolios are typically well seasoned and come with meaningful performance history. That seasoning allows us to underwrite with actuals rather than relying solely on projections. Purchasing from stressed sellers also means we are often able to buy at a discount to par, which can materially change the return profile: sometimes turning single digit yielding assets into double digit returns.

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December 18, 2025
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Mooring Music Group Acquires Royalty Rights of Mariah Carey’s “All I Want for Christmas Is You”

Mooring Music Group Acquires Royalty Rights of Mariah Carey’s “All I Want for Christmas Is You”

Mooring Music Group today announced the acquisition of a minority interest in royalty rights of Mariah Carey’s “All I Want for Christmas Is You,” one of the most commercially successful and enduring holiday recordings of all time.

December 1, 2025
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Issue No. 30

You know the moment. It’s December, the air is cold, lights are twinkling...and suddenly, from a car radio or coffee shop speaker, it starts playing with that tinkling bells intro.

November 1, 2025
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Issue No. 29

Portability

At Pier we provide senior secured, sub-$25M credit facilities to loan originators, collateralized by portfolios of loans, advances, receivables, or other contractual cash flows.

Pier Asset Management LLC is an exempt reporting advisor with the SEC. The reference to Pier Asset Management’s value add and typical deal terms are for illustrative purposes only as a basis for further discussion and subject to change. Final terms set forth in a written agreement will prevail. Loans are not made by Pier Asset Management LLC, and instead are made by separate, related entities. Loans are not made for consumer purposes or secured by real estate, and all loans are made only for commercial purposes to sophisticated borrowers. Full Disclosure.

1230 Rosecrans Ave, Ste 150
Manhattan Beach, CA 90266, USA
424.324.2950
©2023 by Pier Asset Management LLC