Rich Byrne, President of Benefit Street Partners, delves into the effects of rising interest rates on private credit, addressing both the benefits like higher yields and improved deal quality, as well as the risks such as potential default rate spikes. Byrne provides valuable perspectives on adjusting investment strategies to accommodate a changing landscape of increased market defaults.
This week on The Reorg Primary View, Richard Byrne, president of Benefit Street Partners, talks about how the current high interest rate environment creates both headwinds and tailwinds for private credit with Reorg’s Catarina Moura. Amid a boom in private credit, Byrne also discusses how retail investors fit into the asset class.