Episode Details
| Title | Paid to Sweat: Centerbridge's Jeff Aronson on the Growth of Private Markets |
|---|---|
| Date | 8/19/2025 |
| Podcast | Goldman Sachs Exchanges ↗ |
Key Insights
Bullish:
- 🟢 $NONSPONSORDL - Jeff's firm is actively pursuing direct lending to companies not owned by private equity sponsors, identifying this as an underserved market segment with significant potential.
- “The last thing we're doing, again also in credit, is from a lending perspective, trying to lend to companies which are not owned by private equity sponsors, which are most encompassed in The United States trying to penetrate that market because if you look at direct lending specifically, and you know this better than anyone, the vast majority capital is devoted to financing sponsor buyouts. Right. But that's only a very small percentage of companies in The United States. How about penetrating the rest?” - Jeff (34:29)
- 🟢 $HYBRID - 🔒
- 🟢 $PRIVATECREDIT - 🔒
- 🟢 $REALESTATECREDIT - 🔒