Fabio Natalucci on the Rise and Risks of Private Credit

About this episode

Fabio Natalucci discusses the rise and risks associated with private credit in the financial system.

Private credit has outgrown its original niche of lending to middle-market firms using funds from institutional investors with long time horizons. Rising participation from retail investors and banks has increased the sector’s interconnectedness with the wider financial system, making investors worried that a wave of redemption requests could lead to a cascade of tighter financial conditions and slower economic growth. In this episode, we talk with Fabio Natalucci, Managing Director at the Andersen Institute for Finance and Economics, about the conditions that caused the rise of private credit, what’s behind its recent distress, and the sector’s biggest vulnerabilities.

People in this episode

Host: Will Compernolle

Guest: Fabio Natalucci

Topics covered

• private credit
• financial system
• economic growth
• investment risks
• market trends

Keywords

• private credit
• institutional investors
• retail investors
• financial conditions
• economic growth

Mentioned in this episode

Organizations: Andersen Institute for Finance and Economics

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