Business & Finance
Pimco Warns Private Credit ‘Confidence Gap’ to Reveal Weak Funds
Key Points
Private Markets Pimco Warns Private Credit ‘Confidence Gap’ to Reveal Weak Funds Private credit investors have become increasingly discerning about dispersion in investment marks, creating a “confidence gap” between asset managers, according to Pacific Investment Management Co. Managers with stronger loan quality are being rewarded as net asset values are driven more and more by individual firms’ assumptions, PIMCO strategist Lotfi Karoui wrote in a note this week posted on the firm’s website.
Private Markets
Pimco Warns Private Credit ‘Confidence Gap’ to Reveal Weak Funds
Private credit investors have become increasingly discerning about dispersion in investment marks, creating a “confidence gap” between asset managers, according to Pacific Investment Management Co.
Managers with stronger loan quality are being rewarded as net asset values are driven more and more by individual firms’ assumptions, PIMCO strategist Lotfi Karoui wrote in a note this week posted on the firm’s website.