As banks pull back from many types of lending, demand for capital is outpacing supply, providing the best potential opportunities in private credit since the GFC.As banks pull back from many types of lending, demand for capital is outpacing supply, providing the best potential opportunities in private credit since the GFC.
Public credit markets offer high quality investments with attractive yields and downside resilience, while we see growing longer-term opportunities in private markets.
Jamie Weinstein, portfolio manager, private credit, and Mohit Mittal, portfolio manager, multi-sector credit, discuss deals that require cross-functional collaboration and how PIMCO’s shared intelligence played a crucial role during the banking crisis in 2023.
The ongoing tightening in credit conditions exacerbated by recent banking sector shockwaves continues to drive borrowers towards private credit markets. Watch as head of corporate special situations, Jamie Weinstein, explains how PIMCO’s private credit platform is well-positioned to capture the resulting opportunities over the long term.