The Rise of Private Credit: A Cautionary Tale for High Net Worth Investors (Audiogram)

In this video, Jonathan Treussard, Ph.D., Founder of Treussard Capital Management LLC, delves into the origins, development, and implications of private credit as an asset class that emerged after the global financial crisis. This is particularly timely as private credit is migrating from the institutional space to the high-net-worth market.

Origins of Private Credit Post-Financial Crisis

Treussard explores how private credit served as a workaround to regulatory constraints imposed on traditional lending, highlighting the concept of regulatory arbitrage.

The Muppets Moment: A Critical Turning Point

Treussard raises concerns about the motives behind marketing private credit to a new audience. He critically examines private credit investments, especially as they reach high-net-worth individuals.

Video Timeline:

• 00:00 The Unfolding Drama of Private Credit

• 00:10 Origins of Private Credit Post-Financial Crisis

• 00:54 The Shift to High-Net-Worth Individuals

• 01:11 The Muppets Moment: A Critical Turning Point

• 01:35 Private Credit's Journey to the Broader Market

• 01:44 Disclaimers

Disclaimer: This video is for educational purposes only and does not constitute investment advice. Past performance is not indicative of future results. All investments carry risks, including the risk of loss. High net worth individuals should consult with their financial advisor to understand the risks and suitability of private credit investments for their portfolio.