Victor Khosla expects years of elevated credit defaults

6 articles · Updated · Bloomberg · May 4

Speaking at the Milken Institute Global Conference, the Strategic Value Partners founder said software-sector weakness is driving stress across credit markets.
He said his firm is positioning to exploit opportunities as performance gaps widen among private credit managers after a period when direct lending broadly attracted capital.
The warning points to prolonged pressure in private credit and suggests investors may become more selective as defaults rise and sector-specific strains reshape fundraising and returns.

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