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Hamilton Lane says private credit concerns overstated

privateequitywire

4 months ago

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Fears of mounting stress in private credit are not borne out by the data, according to a Bloomberg interview with Hamilton Lane Co-CEO Erik Hirsch, who said defaults remain low and leverage levels stable across portfolios.
The $145bn manager, which also advises on $860bn for institutional clients, said its dataset spanning more than 68,000 funds and 178,000 portfolio companies shows limited signs of systemic risk. Hirsch said private credit defaults are below 2% and declining, broadly in line wi...

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