Milwood Hobbs, Managing Director at Oaktree, shares his expertise in credit investing, highlighting the challenges in sourcing deals. He explains how he navigates the private credit landscape, focusing on relationship management and negotiation tactics. Listeners learn about the impact of the Dodd-Frank Act on market dynamics and the evolution of credit markets. Hobbs emphasizes the significance of due diligence to uncover potential risks and stresses the importance of adaptability in forging essential partnerships.