Private credit boom is rooted in strong fundamentals, says Churchill's Alona Gornick

This podcast explores the thriving private credit market. In an insightful conversation with Alona Gornick, she argues that, despite recent worries, private credit continues to be an attractive investment option. Gornick points out that, although yields have dipped from their recent highs of 11-12% to around 8-10%, they still surpass historical averages of 6-8%. Even in challenging scenarios, returns remain competitive, highlighting the critical role of credit selection in minimizing losses. She also notes that private credit has shown strong resilience compared to public alternatives, making it an appealing choice for investors.