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Bloomberg Businessweek Weekend - October 6th, 2023
Bloomberg Businessweek
Private Credit Market and Opportunities in Direct Lending
9min Snip
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The hosts discuss the increasing involvement of banks in the private credit market, with Barclays, Societe Generale, and Deutsche Bank making efforts to enter the leverage finance market. They introduce Ken Kenssel, CEO of Churchill Asset Management, who talks about the upside for his business in the current environment and the attractive opportunities in direct lending and private credit. The chapter highlights the resiliency of private credit during the current economic environment and the potential impact of private debt defaults in the coming years.
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