Private Credit Beyond Direct Lending: Where Value Remains — A Conversation with PIMCO Multi-Asset Credit Strategist Lotfi Karoui

PIMCO Multi-Asset Credit Strategist Lotfi Karoui joins the Accrued Interest podcast for the first time to discuss the cyclical characteristics and investment value of the private credit market. The conversation covers the rise of direct lending after the Global Financial Crisis, its explosive growth post-pandemic, and allocation opportunities in other private credit segments such as asset-backed finance and real estate.