Reported 7 months ago
Marc Lipschultz of Blue Owl Capital Inc. believes private credit remains a strong investment despite industry concerns, mentioning the absence of increased defaults or performance issues so far. However, uncertainties persist in the $1.7 trillion private credit market, highlighted by recent incidents like Pluralsight Inc. shifting assets away from direct lenders. Lipschultz emphasizes the importance of choosing managers wisely and being cautious of structures when looking to withdraw capital, referencing challenges faced by investors at Ninepoint Partners LP in Canada.
Source: YAHOO