Dan Toscano

Dan Toscano, Chairman of Markets in Private Equity at Morgan Stanley, shares his rich experiences from nearly four decades in credit markets, starting with junk bonds in the late '80s. He discusses the evolution from high-yield bonds to complex private credit structures and highlights how post-crisis guidelines spurred private credit growth. Dan also touches on the recent removal of these guidelines, the blending of public and private credit, and the role of digital infrastructure in shaping the future of financing, while warning about execution risks in upcoming projects.