The Problems in Private Equity and Private Credit

Rupert Mitchell from Blind Squirrel Macro discusses the problems in private equity and private credit. He mentions the lack of judgment of private equity firms compared to traditional funds and the focus on volatility laundering. He also highlights the risks associated with intermediaries in the private asset market and the potential for a market correction. Mitchell suggests that the excessive liquidity in the market and the lack of natural institutional buyer base for UK equities could lead to a slow puncture in the private equity industry.