We recently joined several colleagues on an excellent PDI podcast – “New Era of Private Credit” – for a wide-ranging discussion of investment topics. We’ll include a link to the final published version when available but thought it would be profitable to expand on the conversation. 

Let’s begin with this question: “What is driving the growing interest among advisors and direct contribution (DC) plans for private credit?” 

There are many elements behind investor appetite. As we’ve covered in previous commentaries, private capital has served as a beneficial bulwark to a succession of macro risks over the past decade. Through zero interest rates, Covid, high interest rates, recession threat, and tariffs, the asset class has delivered consistent stable, premium returns.