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18min chapter
Phil Huber: The Case for Private Credit - [Making Markets, REPLAY]
Making Markets
Navigating the Rise of Private Credit
This chapter explores the factors driving the demand for private credit as a response to financial crises and regulatory changes impacting traditional bank lending. It highlights the growth of private credit in the middle market, the evolving role of wealth management, and the importance of strategic, long-term investment approaches. The discussion also addresses the complexities of private credit investments, the significance of manager selection, and the pitfalls of misconceptions around volatility in this asset class.
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