Business Risks Explored
The discussion dives into the implications of rising interest rates on business risks, particularly focusing on floating rate loans. Michael emphasizes the importance of borrower capacity to handle increased payments, highlighting the fund's structure that protects investors. Additionally, the conversation contrasts different investment strategies, weighing the benefits of a BDC against a diversified credit interval fund, showcasing varying risk-reward profiles.In this clip
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Talk Your Book: Investing in Private Credit
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