EP 23:David Robinson on Private Credit Redemption Fears, Liquidity Traps, and What Retail Investors Need to Know
In this episode, Duke professor David Robinson explains the rapid growth of private credit, its roots in the retreat of banks after the financial crisis, and how private equity firms have filled the lending vacuum. He breaks down the structure and regulatory constraints of Business Development Companies (BDCs), contrasting publicly traded and non‑traded formats, and highlights the current liquidity squeeze as retail investors rush to redeem holdings, creating a bank‑run‑like scenario despite no evidence of widespread defaults. Robinson emphasizes that the panic is driven more by opacity and unfamiliarity with private‑credit liquidity terms than by actual credit deterioration, and he warns that the influx of inexperienced retail capital amplifies these fears.
EP 22: Ryan Eisenman on AI Meets Private Markets - Optimizing the Investor Experience and Decision-Making
In this episode, Ryan Eisenman, co‑founder and CEO of Arch, explains how private‑market investors still juggle dozens of disparate portals and paper‑heavy processes, a problem public‑market platforms have already solved. Arch’s fintech solution consolidates private equity, credit, hedge fund and...