Gain a clear and balanced perspective on one of the fastest‑growing yet least transparent segments of private markets: private debt. This episode explores whether the asset class is a resilient “hidden champion” offering attractive yields and structural demand — or whether rising leverage, opaque underwriting standards and aggressive competition are inflating bubble‑like dynamics. The discussion highlights where real risks lie, how due diligence must evolve, and what investors should realistically expect in terms of returns, defaults and regulatory scrutiny.
This episode examines the boom in private debt and the fundamental question behind it: how sustainable is the rapid growth of this asset class? The panel discusses who finances whom, under what conditions, and how transparency varies across direct lending, real‑estate‑backed credit, and platform‑based solutions.
The speakers explore default risks, covenant structures, underwriting discipline and the importance of rigorous due diligence. They also address return expectations in a competitive market, the impact of higher interest rates, and the regulatory developments shaping private credit in Europe and Switzerland. The conversation provides a grounded, practitioner‑level view of both the opportunities and vulnerabilities in today’s private debt landscape.
More podcast episodes and information: www.finanz-ch.ch