Founder Notes with Nelson Chu and Prath Reddy

The Banks Want It Both Ways


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Bank earnings are blowing out, and every CEO is suddenly talking up private credit — the same asset class they spent last year warning about. Nelson and Prath break down why banks quietly need private credit to work, how back-leverage facilities keep banks winning either way, and what the new CDX Private Credit Index signals about an industry that still needs more maturity.

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Founder Notes with Nelson Chu and Prath ReddyBy Nelson Chu