PE Boom May Disappoint Investors: Josh Easterly

Josh Easterly, the Co-President and Co-CIO of Sixth Street joined Bloomberg Open Interest to talk about the fears of a “late-cycle” credit crunch and why he says those fears are misplaced. But he also warns investors to brace for smaller returns as spreads tighten and rates roll over. He tells Bloomberg’s Dani Burger that private credit isn’t in trouble, just due for disappointment on expectations. (Source: Bloomberg)