Huw van Steenis Links 2023 Bank Runs to Private Credit Stress

1 articles · Updated · Bloomberg · May 22

Huw van Steenis published an analysis arguing that the 2023 bank runs offer a useful lens for understanding stress points in today’s private credit market.
The piece, featured in Bloomberg’s Odd Lots newsletter, focuses on how lessons from those runs can help explain private credit’s structure rather than reporting a new market disruption.
Van Steenis is identified as a partner and vice chair at Oliver Wyman, framing the note as an expert assessment of risks in a fast-growing corner of finance.
The analysis adds to scrutiny of private credit by using the 2023 banking turmoil as a recent real-world stress test for liquidity and market structure.

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