Deployment, PIK, Defaults, Partnerships, DPI, Secondaries
These are the firms leveraging up the economy with unproductive debt while not marking their assets to market. Their comments do not reflect an honest appraisal of credit conditions. In a word they are full of shit.
These are the firms leveraging up the economy with unproductive debt while not marking their assets to market. Their comments do not reflect an honest appraisal of credit conditions. In a word they are full of shit.