PART II: WHAT IS THE IMPACT OF RISING PRIVATE DEBT MARKETS?

The discussion revolves around the impact of rising private debt markets and the associated risks. Panelists, including Mr. Mathieu Chabran and Mr. Joshua Friedman, explore the growth of the private credit space over the past decade. They emphasize the importance of diversification and partnerships in mitigating concentration risk. The conversation also touches on the challenges of high interest rates, which increase default risks for companies. The panelists discuss the shift of credit from banks to more matched liability structures, which is seen as beneficial for the economy. They highlight the need for transparency and proper risk assessment frameworks for investors. The discussion concludes with a focus on finding less crowded market spaces and the self-correcting nature of incentives.