Summary

• Private credit’s been on quite a journey over the past 15 to 20 years. If I look back around on the GFC, it was really a niche asset class.
• Private credit is a lot more than just corporate direct lending. The market’s also expanded beyond corporate credit into asset-based finance.
• Companies are increasingly looking to tap private markets for financing needs. So if you want full exposure, diversified exposure, to corporate credit, private credit needs to be a part of that, or else you’re missing out.

By Matthew D. Bass

Transcript

Matt Bass: Private credit’s been on quite a journey over the past 15 to 20 years. If I look back around on the GFC, it was really a niche asset class. You fast

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