

Private lenders pile up cash, compete for LBOs, driving up risk
Oct 18, 2023
Private credit lenders compete with banks for leveraged buyouts, increasing risk. Concentration of private credit among a few major asset managers raises concerns. Affiliation of asset managers and insurance companies contributes to an expanding lending loop. Benefits and risks of insurers partnering with asset managers in private credit sector are examined.
Chapters
Transcript
Episode notes
1 2 3 4 5
Introduction
00:00 • 2min
Competition between Private and Syndicated Lenders
01:45 • 3min
Concentration Risk in the Private Credit Market
04:57 • 2min
Affiliation of Asset Managers and Insurance Companies
07:16 • 7min
Insurers and Asset Managers in Private Credit: Benefits and Risks
14:12 • 3min