Private-credit LPs told to worry about returns, not cockroaches

Jamie Dimon's ‘cockroach’ comment still resonates in private credit markets. Photo: Erik Karits via Pexels.
Jamie Dimon's ‘cockroach’ comment still resonates in private credit markets. Photo: Erik Karits via Pexels.
The problem with private credit is not that it might blow up the financial system. It’s that it might just not be a very good investment.
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