TCW and Oaktree CEOs on the Challenges Facing Credit

[@nevermind0143]

Fascinating conversation and depth of perspectives on credit.

[@paulgilliland2992]

I’d be more than cautious of private credit now that everyone is promoting it . We are definitely late cycle and we are keeping our fingers crossed that the debt we own is acquired or refinanced. It was amazing getting 8-10 points in 22/23 but the easiest money is already made.

[@anthonyiervolino5697]

Katie Koch is spot on about how many firms overlook covenants regarding the deployment of capital. An example is a good guy clause.

[@Jesse-ii5md]

lol because it’s all run by people who look like you

[@MikeJones-cv2tx]

Who is that Bob fella seems like a real stud

[@DavidMorton-m7h]

Turner Fort

[@sbtopjosh4098]

Not even a minute in and that lady badly wanted a job at Oaktree lol

[@SandraMartin-q5y]

Idell Crest

[@RobinLester-d9k]

7441 Benton Center

[@dalehodges5362]

"Private" money has a different hedge built into the new fascistic policies implied by public private partnerships.

[@markkuskin5453]

That catalyst took place in 2022 when you had a 25% melt down in your credit portfolio!

[@FosterDon-es6gk]

983 Jerrod Walk

[@PaulaNguyen-d9w]

Perez Carol Williams Donald Thompson Larry

[@AndersonMavis-q9l]

Wiza Junctions

[@bigmoose143]

“Where are we in this credit cycle?” - stupid question