13min chapter

Animal Spirits Podcast cover image

Talk Your Book: What Is Private Credit?

Animal Spirits Podcast

CHAPTER

Private Credit: Nature, Volatility, and Attractiveness

This chapter explores the nature of private credit, its relationship to the market, and its volatility compared to public credit. The speakers discuss the typical holding period, the attractiveness of private credit for advisors, and the process of setting daily marks for loans in the fund. They also delve into portfolio structure, collateral types, default rates, and the concerns surrounding this relatively new asset class.

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