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But we saved everything 🙂.
Discussion around private credit at the Milken Conference may see a change in sentiment compared to last year. Jeffrey Gundlach, referencing Bloomberg's prior coverage that described a ''golden moment'' for private credit, commented that the tone of this year's panel could differ from previous optimistic outlooks. Gundlach will participate in the upcoming panel, and further perspectives are expected to be shared at the event.
Gundlach previously raised concerns that a leveraged fund’s liquidity to meet redemptions may involve further borrowing, according to a recent article. He also flagged a remark from Larry Fink on redemptions as raising questions about the accuracy of fund NAV valuation in a separate report. These comments come as participants prepare for the latest panel discussion on private credit.