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Bloomberg Businessweek Weekend - June 30th, 2023
Bloomberg Businessweek
The Impact of Rate Cycles on Direct Lending
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Many of the folks that I work directly with at Drexel who were in my class, so to speak, are now, you know, leading major private credit firms. Many of them are still in direct lending today. But what I, what I wonder is the new kids have never seen any rate cycles. They kind of have, if they went like 2004, 2006, but not really. Now like this.
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