#255 - Trends in Private Credit with Morgan Stanley Direct Lending Fund's President Michael Occi
Julian Klymochko
Michael Kesslering
Michael Occi
private credit
Morgan Stanley Direct Lending Fund
senior secured loans
U.S. middle market companies
market share growth
buyouts
defensive approach to lending
first lien loans
current market environment
On today’s show we welcome special guest, Morgan Stanley Direct Lending Fund's President Michael Occi. Morgan Stanley Direct Lending Fund (MSDL) seeks to achieve attractive risk-adjusted returns by investing primarily in directly originated senior secured loans issued by U.S. middle market companies. On the show, we discuss:
- Why investors should consider an allocation to private credit
- What explains the significant market share growth of private credit in financing buyouts
- MSDL’s defensive approach to lending, with a focus on first lien loans
- His thoughts on the current market environment for private credit loans
- And more