Jiri Krol, Deputy CEO of the Alternative Investment Management Association, and Matthias Kirchgaessner, Managing Partner at Plexus Research, dive into the implications of recent corporate failures. Krol discusses the resilience of private debt, suggesting that stress may have peaked, while Kirchgaessner raises concerns about due diligence shortcuts in a competitive market. They explore red flags in failed companies, the risks of buy-and-build strategies, and the potential impact of AI on credit portfolios. A compelling debate unfolds on the true risks within private credit.
