Saratoga's Oberbeck on the state of private credit ahead of interest rate cuts
The NAVigator · Active Investment Company Alliance
August 23, 202412m 36s
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Show Notes
Chris Oberbeck, Chairman and Chief Executive Officer at Saratoga Investment Corp., says that private credit — which has been on the rise for several years — is being challenged by a cooling market for mergers and acquisition activity. That has put pricing pressure on managers, which should ease a bit as rates come down and mergers and financing deals become easier to do.