The rise of defaults and investor withdrawals in private credit
Reach Capital | Private Assets Advisor recently spoke with CNBC’s Hugh Leask about the rise of defaults and investor withdrawals in private credit. Following rising industry concerns about deteriorating asset quality and increased fund exits, Managing Partner William Barrett, CAIA addressed the long-term market implications of using payment-in-kind agreements, “shadow defaults”, and “amend-and-pretend” techniques as […]