ÌÇÐÄÊÓÆµ

Friend or Foe: Public and Private Credit

Friend or Foe: Public and Private Credit

Winnie Cisar - Global Head of Strategy, ÌÇÐÄÊÓÆµ
Zachary Griffiths, CFA - Head of IG & Macro Strategy, ÌÇÐÄÊÓÆµ

24 April 2025

Overview

The ÌÇÐÄÊÓÆµ Strategy team presented to the Charlotte Economics Club on the topic of Friend or Foe: The Evolving Relationship Between Public and Private Credit.

Our presentation highlights recent growth and interest in the market, fundamental trends, pricing data and other topics. We provide a brief recap of the talking points and the slides used.

The core direct lending strategy is effectively middle market lending with a private-equity owned portfolio company borrowing from a large asset manager. growing number of larger companies have tapped the private credit market, with 45 deals greater than $1 billion notional priced in 2024.

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