This podcast episode provides insightful perspectives on the history and evolution of credit markets, the growth journey of Ares and its private credit division, Ares Capital, the importance of empowering individuals and fostering collaboration in business, and the intricacies of direct lending and private equity. It also analyzes challenges faced by private equity firms in light of rising interest rates and inflation risks, examines trends in international credit opportunities, delves into Ares Management's strategies in the current credit market landscape, and presents valuable insights from Kipp DeVeer, President and Chief Operating Officer of Ares Management Corporation.