Gundlach Warns of Investor Losses in Private Credit Funds
Investor Jeffrey Gundlach has issued a warning that investors in private credit funds are likely to lose money as business development companies (BDCs) begin to slash asset values. This comes amidst reports of significant losses in major deals.
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Gundlach Warns Investors Will Lose Money on Private Credit Funds - Bloomberg.com
Gundlach Warns Investors Will Lose Money on Private Credit Funds Bloomberg.com
Read full article →Gundlach Warns "Bagholders" Will "Lose Money" In Private Credit As BDCs Slash Asset Values, JPM Faces $500MM Loss In Biggest "Hung" Deal This Year
Gundlach Warns "Bagholders" Will "Lose Money" In Private Credit As BDCs Slash Asset Values, JPM Faces $500MM Loss In Biggest "Hung" Deal This Year Add another vocal warning to the chorus singing about the dangers of private credit. DoubleLine CEO Jeffrey Gundlach, who has been especially critical of private credit for the past year warning last November that the space “has the same trappings as subprime mortgage repackaging had back in 2006,” raised fresh concerns about financi...
By Tyler Durden
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