Private credit is going to be a much less transparent than private equity. If KK or Apollo has a fund, I don't necessarily know everything that's in it. You look at the examples of founders being pushed out because of even a hint of impropriety. There is so much more focus on long-term reputation.
Featuring some of our favorite conversations of the week from our daily radio show "Bloomberg Businessweek."
Hosted by Carol Massar and Matt Miller
Hear the show live at 3PM ET on WBBR 1130 AM New York, Bloomberg 106.1 FM Boston, Bloomberg 960 AM San Francisco, WDCH 99.1 FM in Washington D.C. Metro, Sirius/XM channel 119, on the Bloomberg Business App, Radio.com, the iHeartRadio app and at Bloomberg.com/audio.
You can also watch Bloomberg Businessweek on YouTube - just search for Bloomberg Global News.
Like us at Bloomberg Radio on Facebook and follow us on Twitter @carolmassar @timsteno @MattMiller1973 and @BW
See omnystudio.com/listener for privacy information.