Private credit is booming. But do investors fully understand the risks?  

In this episode, learn the mechanics of private credit, its place within the private capital universe and why it's suddenly everywhere - from retail portfolios to billion-dollar super funds.  

Key takeaways include: 

• Why private credit is not the "bond-like risk" some claim it is 

• How super funds allocate private credit under regulatory pressure 

• Why borrower type, loan structure and economic cycles matter 

• What needs to change in how private credit is marketed 

• The potential regulatory interventions on the horizon 

Whether you're an institutional investor or private wealth adviser, this episode is a must-listen. 

Host: Tahn Sharpe, Editor INTHEBLACK, CPA Australia 

Guest: Michael Block, CIO, Bellmont Securities  

You can learn about Bellmont Securities at their website  and find them on LinkedIn.  

Additionally, discover more with this overview of private credit from the RBA. 

And you can read Michael’s contributions on Investor Strategy News: 

• The four-letter word private credit investors have forgotten  

• Credit's day of reckoning is upon us 

You can find a CPA at our custom portal on the CPA Australia website.  

Would you like to listen to more INTHEBLACK episodes? Head to CPA Australia’s YouTube channel.  

CPA Australia publishes four podcasts, providing commentary and thought leadership across business, finance, and accounting:

With Interest 

INTHEBLACK  

INTHEBLACK Out Loud 

Excel Tips 

Search for them in your podcast platform.  

Email the podcast team at [email protected]