Private Credit: A White Knight for Stressed Companies with John Pavelski

2023 was a perfect storm of macroeconomic and monetary pressures. We believe we’re still in the midst of the most aggressive Fed tightening cycle in recent history. Due to the persistence of high interest rates and a slowing economy, we’ve seen an increased level of stress affect the global financial markets.
The extended duration of the current credit cycle has revealed three waves of stressed opportunities, according to John Pavelski, Managing Director and Co-Head of Credit Opportunities for North America at Carlyle.