The Convergence of Public and Private Credit

Introduction

In an ever-changing investment environment, few other asset classes capture the rapid pace of this evolution better than private credit. Yet it’s the convergence of public and private credit markets that may be transforming the landscape in the most profound way. The blurring lines between public and private credit are reshaping capital markets, offering more choices and changing the way investors put their money to work. But with added complexity, investors need to rethink the playbook for evaluating both opportunities and risks in their credit portfolios.

Source: S&P Global

Perspectives from the Experts

Insurers' Competitive Edge in Private Credit

Phil Waldeck explains that insurers leverage their long, relatively illiquid liabilities to invest in both public and private credit.

Delivering value amidst volatility

Matt Douglass emphasizes the importance of providing certainty to issuers during volatile times.

Investing Beyond Borders

Gabe Rivera highlights a focus on global investment opportunities.

Up Next

Insurers' Competitive Edge in Private Credit Phil Waldeck explains that insurers leverage their long, relatively illiquid liabilities to invest in both public and private credit.

Delivering value amidst volatility Matt Douglass emphasizes the importance of providing certainty to issuers during volatile times.

Investing Beyond Borders Gabe Rivera highlights a focus on global investment opportunities.

“The winners and losers in this convergence will be differentiated by how well they can assess credit, legal, regulatory and operational risks—and pair this with a robust technology platform and big data.”

REWRITING THE CREDIT PLAYBOOK

The blurring lines between public and private credit are reshaping capital markets, offering more choices and changing the way investors put their money to work. But with added complexity, investors need to reassess how they are evaluating opportunities and risks in their credit portfolios.

In this live webinar, uncover an expanding opportunity set as the interplay between public and private credit deepens. PGIM experts will discuss:

Credit strategies for optimizing asset allocations
The evolution of securitized credit and asset-based finance
Opportunities across real estate debt
Private lending’s role in reshaping global credit markets