Investing in private equity and private companies has long been a focus for entrepreneurs and highly affluent families, but should investors be focusing on private credit too? Our CIO, Jonathan Dane, CFA, shares some thoughts with Christopher Johnson of Citywire Pro Buyer on private debt, infrastructure and portfolio positioning into year-end.
There is an increasing dispersion in credit terms and opportunities between private debt lenders to lower middle market companies, and the debt for publicly traded companies that most bond funds hold. Jonathan notes that private debt lenders typically emphasis stronger underwriting and creditor protections.
Follow the link below for the full article.