The Boom in Private Credit
One of the fastest-growing areas within the private financial markets is private credit\u2014 where money managers, instead of banks, lend directly to companies. In the latest episode of Exchanges at Goldman Sachs, Lotfi Karoui, Goldman Sachs Research\u2019s chief credit strategist and head of the credit research group, and James Reynolds, global co-head of Private Credit within Goldman Sachs Asset Management, discuss the growth in private credit and how a challenging macro environment is shaping the opportunities \u2014 and the risks \u2014 in the asset class.