
"Beautifully Inefficient": Uncovering Hidden Investment Opportunities in Private Credit (with Ben Radinsky, Managing Director and Partner at HighVista Strategies)
Private Markets 360°
00:00
Direct lending as beta vs. specialized credit alpha
Chris asks Ben to unpack his view that direct lending is largely beta; Ben discusses private credit growth, declining covenants, cash flow forecasting errors, and tail risks.
Transcript
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