The chapter delves into the complexities and challenges of the private credit market, discussing the impact of increased competition for deals and the rise of dry powder. It explores how large players dominate fundraising while emphasizing the importance of diversification to mitigate systemic risks. The conversation also covers the expanding potential of the ABS private credit market and highlights concerns about retail funds, high net worth investments, and the necessity for proper investor disclosure.
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Bloomberg News Managing Editor of Technology Lynn Doan and Bloomberg News US Semiconductor Reporter Ian King discuss Activist investor Elliott Investment Management investing more than $2.5 billion in Texas Instruments pushing the chipmaker to improve its free cash flow. Maria Korsnick, CEO of the Nuclear Energy Institute, debunks the myths about the use of nuclear power. Bloomberg News CityLab Reporter Fola Akinnibi shares the details of his Businessweek story New York’s Biggest Produce Market Has Reached Its Breaking Point. And we Drive to the Close with Ana Arsov, Global Head of Private Credit & Financial Institutions at Moody’s Investors Service.
Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.
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