This chapter delves into the speaker's concerns about companies running out of cash, competition in the market, and the importance of investing in deals with other exit stories. They also discuss the uncertain economic environment, borrower aggressiveness, and the potential for increased inflows into private credit.
Morgan Dean, a portfolio manager on Sound Point Capital Management’s Capital Solutions team, discusses areas of opportunity within asset-backed lending, and dry powder in the market vs. deal quality in private credit with Reorg’s James Holloway. Sound Point is a credit-focused asset manager, and pro forma for the recently announced acquisition from Assured Guaranty, will have $47 billion in assets under management.
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