BlackRock's Caron on Kreos Deal, Private Credit Growth

The video discusses the attractiveness of venture debt in Europe, highlighting its growth potential compared to the US market. It addresses current market conditions, including the impact of SVB's absence and falling valuations, and emphasizes the importance of focusing on defensive sectors like healthcare and technology. The discussion also covers consolidation trends in private credit, BlackRock's expansion strategies, and the resilience of private debt in economic cycles. The video concludes with a look at future challenges and the need for conservative management in private debt portfolios.

What challenges do smaller credit firms face in the current market environment?

What strategies might BlackRock consider for expanding its private debt business?

What factors contribute to the attractiveness of private credit for investors?

In what ways can economic volatility impact the performance of private credit investments?