Credit Exchange with Lisa Lee

Episodios

• Permira Credit co-head says to brace for a more complex, late-cycle environment 03.07.2026 31m

  “We’re clearly in late cycle, but we’re not obviously at the turning point,” says Ariadna Stefanescu, co-head of Permira Credit, in the latest edition of Credit Exchange with Lisa Lee
• Bain Capital’s head of European credit says private credit exists for a reason 26.06.2026 33m

  Middle-market direct lending finances growing businesses, says Gauthier Reymondier, head of European credit at Bain Capital, a private equity and credit powerhouse with more than $225 billion in assets under management
• Canyon’s CIO says more distressed opportunities await 19.06.2026 33m

  Issues in the software space and a looming maturity wall will result in a return to more traditional distressed opportunities, says Jeff Kivitz, chief investment officer at Canyon Partners, on the latest episode of Credit Exchange with Lisa Lee
• Carlyle’s deputy CIO of credit says they are starting to see inflationary cost pressures 12.06.2026 32m

  “We’re starting to see some impact on cost. Very manageable, but it’s hard to ignore,” says Alex Chi, deputy CIO of global credit at Carlyle, one of the world’s largest investment managers with nearly $500bn in assets under management
• BCA’s chief geo-macro strategist says Iran war will lead to sticky inflation 05.06.2026 35m

  The Iran war is currently in a “mushy middle”, says Marko Papic, a macro and geopolitical expert at global investment research firm BCA Research, in the latest episode of Credit Exchange with Lisa Lee
• Barings’ co-head of global investments sees opportunity in real estate 29.05.2026 27m

  The US healthcare space is very interesting as far as real estate is concerned, says David Mihalick, co-head of global investments at Barings
• Goldman’s global co-head of private credit says dispersion in performance is increasing 22.05.2026 31m

  “The dispersion in performance is becoming more visible, certainly to institutional investors,” says James Reynolds, global co-head of private credit at Goldman Sachs, on the latest episode of the Credit Exchange podcast with Lisa Lee
• Oaktree’s deputy CIO of strategic credit says we’re in the early innings of private credit dislocation 15.05.2026 29m

  “We’ve been very opportunistic about deployment in cycles or dislocations, which I think we’re in the very early innings of,” says Milwood Hobbs, Jr., deputy chief officer of Oaktree’s strategic credit platform, on the latest episode of Credit Exchange with Lisa Lee
• KPMG’s US head of private equity chats on Milken, AI and retail money 08.05.2026 27m

  “Everybody’s still searching for that easy button on AI,” says David Neuenhaus, US head of asset management and private equity at KPMG, on the latest edition of the Credit Exchange podcast with Lisa Lee
• Blackstone’s head of international says firm has ample liquidity 01.05.2026 33m

  “We have ample liquidity,” says Dan Leiter, head of international at Blackstone Credit & Insurance, on the latest episode of Credit Exchange with Lisa Lee, as he explained the firm’s decision to honour all withdrawal requests at its private credit perpetual fund
• Wellington’s macro strategist says China may come out as a winner from the oil shock 24.04.2026 36m

  Global economies are adjusting to the oil shock from the Iran war, says Juhi Dhawan, macro strategist at Wellington Management, on the latest episode of the Credit Exchange podcast with Lisa Lee – and China has shown surprising resilience that may improve its competitiveness against Europe, Japan and some other Asian countries
• Benefit Street Partners CEO says private credit’s doomsday scenario is overblown 17.04.2026 33m

  “The doomsday scenario is a complete over-exaggeration,” says David Manlowe, CEO of Benefit Street Partners, on the latest episode of Credit Exchange with Lisa Lee
• ICG’s head of US liquid credit says Iran war will cause pain for consumers, housing 10.04.2026 33m

  “We are going to see consumer pain, and particularly on the lower-income side of things,” says David Saitowitz, head of US liquid credit at ICG, a global alternative asset manager with $127 billion in AUM, on the latest Credit Exchange podcast with Lisa Lee
• Hayfin co-head of direct lending says European private credit better geared to weather uncertainty than US 27.03.2026 33m

  Private credit firms, including Hayfin, are still willing to lend to software companies, says Marc Chowrimootoo, co-head of direct lending at alternative asset manager Hayfin, on the latest episode of the Credit Exchange podcast with Lisa Lee
• Apollo’s head of investments Europe says private credit is going through a rite of passage 20.03.2026 35m

  The current period is a “really important rite of passage” for retail access to private credit and direct lending, says Tristram Leach, head of investments Europe at Apollo Global Management, on the latest episode of Credit Exchange with Lisa Lee
• Napier Park’s CIO says firm has stockpiled cash to buy mispriced assets 13.03.2026 34m

  “We’ve never had more undrawn capital,” says Jonathan Dorfman, chief investment officer at Napier Park Global Capital, on the latest episode of Credit Exchange with Lisa Lee
• CVC’s head of credit sees dislocation, and private credit ready to deploy 06.03.2026 24m

  “Private markets and private credit can be very, very helpful,” says Andrew Davies, in reference to the emerging dislocations he sees in financial markets, on the latest Credit Exchange podcast with Lisa Lee
• Ares’ co-head of alternative credit says AI will hit a bit of a wall due to “sheer capital” need 27.02.2026 36m

  “You are going to hit a little bit of a wall because of power. You’re going to hit a little bit of a wall, because of the sheer capital that’s supposed to be there to finance that piece,” says Joel Holsinger, co-head of alternative credit at Ares Management, on the latest edition of Credit Exchange with Lisa Lee
• KKR’s co-head of credit says “it’s adult swim only” in markets 20.02.2026 32m

  The investing environment has gotten hard, says Christopher Sheldon, co-head of credit and capital markets at KKR, on the latest episode of Credit Exchange with Lisa Lee: “It’s adult swim only”
• Arini president Mathew Cestar says Europe’s missing AI boom provides opportunities 13.02.2026 26m

  Europe has mostly missed the AI boom that’s driven a large part of US economic growth, says Mathew Cestar, president of Arini Capital Management, on the latest episode of Credit Exchange with Lisa Lee