Arcmont CEO Says Private Credit Defaults Stay Low as Retail Investors Seek Redemptions
Updated
Updated · Bloomberg · Jun 8
Arcmont CEO Says Private Credit Defaults Stay Low as Retail Investors Seek Redemptions
1 articles · Updated · Bloomberg · Jun 8
Summary
Anthony Fobel said private credit sentiment is stronger than recent coverage suggests, arguing institutional investors still back the asset class despite a wave of retail redemption requests.
Low default rates across private credit portfolios are underpinning that confidence, he said at the SuperReturn private-capital conference in Berlin.
Fobel also questioned whether managers should be pursuing retail money for what he called an essentially illiquid asset class.
The comments highlight a split in private credit demand: institutional capital remains supportive even as retail investors grow more uneasy about liquidity.