Ep 16: How Private Equity is Plundering America (with Brendan Ballou)
Library of Mistakes
00:00
The Growth of Private Debt
Private debt and the growth in that seems to be growing incredibly quickly. What do you see going on there that feeds into the story in the book? I think it's two things. One is just a general story that private equity firms are really no longer in the primary business of private equity. You look at the biggest ones they are investing in not just in hedge fund operations but private credit is making up a big part in some cases a majority of their business.
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