I've been very sceptical of the private credit industry as I believe a lot of their loans are riskier than they seem, and often investment vehicles with private credit are trading for far above NAV. MostAnalyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in MSDL over the next 72 hours. I wrote this article myself, an ...