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Grant’s Inaugural Private Credit Event to Examine Risks and Opportunities in Fast-Growing Market

Reported by Businesswire
Feb 13, 2024· 2 min read
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Key Takeaways
  • • Grant's Interest Rate Observer announced its inaugural private-credit conference, scheduled for Tuesday, March 5 from 8:30am to 12:30pm ET at The CURE Building, 345 Park Avenue South, New York.
  • • The event targets a private credit market the release describes as roughly $1.5 trillion in size, examining its income opportunity, systemic risks and an upcoming cyclical test.
  • • Speakers include senior figures from HPS Investment Partners, Apollo Global Management, CreditSights (a Fitch Solutions service), Arena Investors, Barclays, Moody's and S&P Global Ratings.
  • • The conference will be closed to the press, owing to the market-moving sensitivity of the subject matter, and can be attended in person or virtually.
Summary
Grant's Interest Rate Observer has announced a major private-credit event designed to weigh the risks and opportunities in what it calls the most talked-about, fastest-growing and perhaps most misunderstood branch of the debt markets, according to a Business Wire release dated February 13, 2024. The company describes the market as a $1.5 trillion entity and says the conference will explore its income opportunity, systemic risks and the cyclical test ahead.

The conference will take place on Tuesday, March 5, from 8:30am to 12:30pm ET at The CURE Building, 345 Park Avenue South, New York. Because of the sensitivity and market-moving nature of the subject, it will be closed to the press. It can be attended in person or virtually, with details available at grantspub.com/events.

The announced speaker lineup includes Michael Patterson, governing partner of HPS Investment Partners; John Zito, partner and deputy CIO of credit at Apollo Global Management; Steve Miller, managing director at CreditSights, a Fitch Solutions Service; Daniel Zwirn, CEO and CIO of Arena Investors; Bradley Rogoff, head of FICC research at Barclays Capital; Christina Padgett, associate managing director in corporate finance at Moody's Investors Service; and Ruth Yang, global head of private markets at S&P Global Ratings.

A panel led by William Glasgall, senior director of public finance at the Volcker Alliance, will address the question "Is private credit in the public interest?" Panelists include Drew McKnight, co-CEO of Fortress Investment Group; Anthony Randazzo, executive director of the Equable Institute; and Gaurav Vasisht, executive director and CEO of the New York State Insurance Fund.

James Grant, founder and editor of Grant's Interest Rate Observer, said the private credit market "sits today at the intersection of heavy leverage and elevated interest rates," and that the event aims to help investors seize opportunities while avoiding hazards.

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Sources

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Businesswire Grant’s Inaugural Private Credit Event to Examine Risks and Opportunities in Fast-Growing Market