This chapter explores the parallels between the current pullback in syndicated loan markets and the 2007-2008 crisis, highlighting the role of direct lenders in providing liquidity and support for private equity. The discussion also touches on the significance of private credit in mitigating the regional banking crisis.
Bloomberg Sound On Co-Host Kailey Leinz and Bloomberg News Editor Tom Maloney break down day one of the FTX fraud trial of Sam Bankman-Fried. Ken Kencel, President & CEO at Churchill Asset Management, discusses the important role private capital plays with investors from Greenwich Economic Forum. And we Drive to the Close with Aaron Kennon, Chief Executive Officer at Clear Harbor Asset Management.
Hosts: Carol Massar and Simone Foxman. Producer: Paul Brennan.
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