Between the Federal Reserve raising interest rates, decreased public debt issuance, and an emerging banking crisis, the private credit market is mighty interesting.
“The market has become very attractive for private debt providers because the syndicate market has shut down,” said Brad Conger, deputy chief investment officer at Hirtle, Callaghan & Co., an outsourced Chief Investment Officer (OCIO) provider in Philadelphia in an Alternatives Watch interview.
Brad Conger (provided)
The firm’s research shows that public market issuance for leveraged loans fell 64% between . . .
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