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Saratoga's Oberbeck on the state of private credit ahead of interest rate cuts
Manage episode 435781889 series 3561101
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Chris Oberbeck, Chairman and Chief Executive Officer at Saratoga Investment Corp., says that private credit — which has been on the rise for several years — is being challenged by a cooling market for mergers and acquisition activity. That has put pricing pressure on managers, which should ease a bit as rates come down and mergers and financing deals become easier to do.
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