Private Credit's Daily Marks Under Fire
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Monroe Capital CEO Ted Koenig says daily marks on illiquid private-credit assets create an illusion of precision, not accuracy. He discusses the deal slowdown, pressure on private-equity exits and why he's cautious about data centers and GPU lending. (Source: Bloomberg)
Monroe Capital CEO Ted Koenig says daily marks on illiquid private-credit assets create an illusion of precision, not accuracy. He discusses the deal slowdown, pressure on private-equity exits and why he's cautious about data centers and GPU lending. (Source: Bloomberg)
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