Professor of Finance Dirk Hackbarth was featured in a Medium article discussing his thoughts on the impact COVID-19 has had on private debt and equity.
Specifically, Dirk addressed the increased risk of default in private debt as borrowers are overleveraged:
The private debt market has seen increases in concentration towards larger players due to smaller ones struggling with the impact of COVID-19 on debt prices and risks.
This article explores how options for alternative investment, such as private debt and equity, have fared during COVID-19 and their viability moving forward. It also addresses the impact uncertainty caused by the 2020 election will have on these investments.Read the Full Article