Animal Spirits Podcast cover image

Talk Your Book: What Is Private Credit?

Animal Spirits Podcast

00:00

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.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app