Private Credit Massively Undercapitalized: Ares Management CEO

Last year Ares Management had a great year for fundraising, and according to Bloomberg, is in the market for a record direct lending fund. When asked how private credit could continue at that pace, Ares Management CEO, Mike Arougheti, said private credit markets are "still massively undercapitalized" relative to the amount of institutional equity. He spoke with Sonali Basak on "Bloomberg Markets."
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