Steven Klinsky on Building Businesses
Masters in Business
00:00
Investment Committee for Private Equity and Strategic Equity
New mountain capital runs about ten billion of private credit we have one of the largest and oldest of the what's called the bdc these publicly traded credit arms. As interest rates have gone up with inflation it's actually better for this type of lending than owning a long-term fixed rate bond. The key is to avoid defaults and we do that by focusing on safe industries, knowing the businesses and being able to fix them if needed.
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