James Cowan - What investors need to know about private credit right now

The private credit headlines of late 2025 spooked some retail investors — but were they telling the full story? Dustin Reid sits down with Northleaf Vice Chair James Cowan to break down what went wrong and why institutional investors kept putting money in. Then, Prerna Mathews joins the conversation to unpack what it means for advisors and their clients. From the "four T's" of manager selection to sectors positioned for long-term growth, this is a practical conversation for any investor navigating private markets right now.