A Quick Tutorial on Private Credit

Some private credit funds have recently faced redemption pressure, bringing renewed attention to liquidity risk in the asset class.Colin and Greg walk through what private credit is, why it grew rapidly after the 2008 financial crisis, and how the "illiquidity premium” works in practice on The Free Lunch Podcast.If you've been hearing a lot about private credit lately and weren't totally sure what to make of it, this one is for you.

Episode metadata supplied by the publisher feed · Published May 20, 2026

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A Quick Tutorial on Private Credit

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