Oaktree's Panossian: Size, Frequency of Deals Is Down

The transcript discusses the retrenchment of banks post-global financial crisis and Oak Tree's role in filling the lending void. It highlights the decline in deal sizes and market trends, particularly in leveraged buyouts. The impact of rising interest rates on private credit is examined, noting the increased risk and need for new capital structures.

What is the significance of CLO formation in the context of the current financial landscape?

In what ways have the valuations of publicly traded companies impacted their willingness to transact?