Barings’ Jon Bock hosts a cinema-themed roundtable discussion with leading CIOs and investors in the private credit markets covering the asset class’ recent performance, the current challenges facing LPs and GPs, and how to prepare for what’s next.

Episode Segments:

03:04 — Meeting the panelists (and a trip to the movies)

09:09 — The dynamics shaping private credit over the last year

13:44 — Understanding the (lending) mistakes that have been made

19:40 — The factors behind private credit's outperformance

23:10 — Private credit as an 'alternative' investment

25:43 — The attributes of successful managers

30:30 — Assessing the illiquidity premium and relative value

40:20 — Understanding the many flavors of private debt

46:23 — Navigating an environment with low yields and tight spreads

53:35 — Do covenants still matter?

57:49 — How private and public credit stack up

Link to slides: https://www.barings.com/viewpoints/private-credit-what-cios-are-watching-today

IMPORTANT INFORMATION

Any forecasts in this podcast are based upon Barings’ opinion of the market at the date of preparation and are subject to change without notice, dependent upon many factors. Any prediction, projection or forecast is not necessarily indicative of the future or likely performance. Investment involves risk. The value of any investments and any income generated may go down as well as up and is not guaranteed. PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS. Any examples set forth in this podcast are provided for illustrative purposes only and are not indicative of any future investment results or investments. The composition, size of, and risks associated with an investment may differ substantially from any examples set forth in this podcast. No representation is made that an investment will be profitable or will not incur losses.

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