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Surveillance Special: UBS to Buy Credit Suisse

Bloomberg Surveillance

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Private Equity and Private Debt - Are You the Ones to Step in When Regional Banks Pull Back?

People are looking to you Steve as perhaps the voice of private equity and private debt. Do you think that it's inappropriate to make some of these longer-term loans with deposits as these regional banks do? I mean yes they fill a void but there is an inherent risk that can get bandied over, he says. Stay forgive me for asking a personal question  I imagine have you changed how you bank personally over the last few weeks? We've been fortunate at bank capital we hedged a lot of the debt and I think 95% of our companies are hedged sowe're not experiencing issues.

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