Private credit’s ‘golden era’ shows signs of tarnish

Private credit’s ‘golden era’ shows signs of tarnish

Private credit took Wall Street by storm. But at a software company called Pluralsight, recent loan troubles are now highlighting risks that could be hidden in the sector. The FT’s senior US corporate finance correspondent Eric Platt and Due Diligence reporter Amelia Pollard walk through what went wrong with Pluralsight, and how that could shape private credit’s future.


Clips from Bloomberg, CNBC


- - - - - - - - - - - - - - - - - - - - - - - - - -


For further reading:

A messy loan restructuring highlights risk lurking in private credit

Private credit is even larger than you think

A buyout gone wrong creates fireworks in the private credit market

Vista and co-investors lose $4bn in Pluralsight restructuring


- - - - - - - - - - - - - - - - - - - - - - - - - -


On X, follow Eric Platt (@ericgplatt), Amelia Pollard (@ameliajpollard) and Michela Tindera (@mtindera07), or follow Michela on LinkedIn for updates about the show and more.


Register now for the FT Weekend Festival, and claim £24 off your pass using promo code FTPodcast at: ft.com/festival


Read a transcript of this episode on FT.com

Hosted on Acast. See acast.com/privacy for more information.

Episoder(319)

The meltdown at Nestlé

The meltdown at Nestlé

From KitKat candy bars to Perrier mineral water, Nestlé owns thousands of brands. But recently the world’s largest food and beverage company has severely underperformed its rivals in the wider consume...

15 Okt 202520min

Elon Musk and the end of a telecom tycoon’s dream

Elon Musk and the end of a telecom tycoon’s dream

In recent weeks, satellite business EchoStar has clinched multibillion-dollar deals with SpaceX and AT&T. It may sound like boom times for founder Charlie Ergen, but these deals illustrate something d...

8 Okt 202523min

Coming soon from Tech Tonic: Mission to Mars

Coming soon from Tech Tonic: Mission to Mars

US President Donald Trump has pledged to “plant the stars and stripes on the planet Mars”, China could send its first crewed mission to Mars within a decade, and Elon Musk wants people to actually set...

6 Okt 20251min

The unsustainable boom in India’s Silicon Valley

The unsustainable boom in India’s Silicon Valley

India’s tech hub Bangalore has experienced huge growth of companies and employees in the past two decades. But the city’s infrastructure is not keeping up with such rapid growth. With the tech sector ...

1 Okt 202522min

Vote for Behind the Money in the Signal Awards!

Vote for Behind the Money in the Signal Awards!

Behind the Money has been nominated for a Signal Award in the Money & Finance category! It's a Listener Choice award, which means we need your help. Vote for us to win here. We appreciate your support...

26 Sep 202535s

A subprime auto lender collapsed. Wall Street has questions

A subprime auto lender collapsed. Wall Street has questions

The recent collapse of Tricolor Holdings, a subprime auto lender in Texas, has left a trail of losses and questions from Wall Street to low-income immigrant communities throughout the American south-w...

24 Sep 202519min

Is there a future for the ‘Amazon of Africa’?

Is there a future for the ‘Amazon of Africa’?

Ecommerce start-up Jumia was supposed to become the “Amazon of Africa”. Its prospects seemed promising after raising close to $800mn prior to its IPO in 2019 — more than any African start-up. But in t...

17 Sep 202524min

How the diamond industry lost its sparkle

How the diamond industry lost its sparkle

The natural diamond industry is facing an existential threat: lab-grown diamonds. They’re chemically and physically identical to natural stones, and they're just a fraction of the price. Eleanor Olcot...

10 Sep 202523min

Populært innen Business og økonomi

stopp-verden
lydartikler-fra-aftenposten
dine-penger-pengeradet
e24-podden
rss-borsmorgen-okonominyhetene
rss-penger-polser-og-politikk
pengepodden-2
livet-pa-veien-med-jan-erik-larssen
finansredaksjonen
utbytte
pengesnakk
stormkast-med-valebrokk-stordalen
tid-er-penger-en-podcast-med-peter-warren
morgenkaffen-med-finansavisen
liberal-halvtime
rss-sunn-okonomi
lederpodden
rss-pa-konto
rss-investering-gjort-enkelt
rss-markedspuls-2