Milken conference crowd sees ‘golden’ moment 


Credit boom: Koch speaks at an interview in New York. The TCW CEO says there’s been a lot of ‘optimistic’ lending and underwriting in the industry, making this one of the most interesting periods with strong return potential for private credit. — Bloomberg

LOS ANGELES: Some of the biggest players in private credit are anticipating profits from the chaos unleashed by US President Donald Trump’s tariffs, even as the volatility exposes risks lurking in the opaque market.

“I can’t help but think that there might be actually around the corner, in the wake of some of this turmoil, a golden opportunity that’s forming to deploy larger and larger dollars given how much valuations have corrected,” Ares Management Corp chief executive officer (CEO) Mike Arougheti said in a Bloomberg Television interview.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

ACE Market-bound GHS posts 1Q net profit of RM1.5mil
AAX redesignates Benyamin Ismail as GM, appoints Bo Lingam as group CEO
Favelle Favco secures RM76.3mil crane orders
IJM confirms MACC, IRB presence at office
CAB Cakaran buys industrial building in Pahang for RM2.8mil
Ringgit firms against greenback on economic resilience
PJBumi forms JV with Chinese firm for oilfield equipment production
Malaysia-born billionaire investor Cheah Cheng Hye puts quarter of wealth in gold
Rianlon’s RM1.27bil project boosts Johor’s high-value manufacturing push
Opensys wins RM22mil cash recycling machines supply contract

Others Also Read