Ares' Jacobson on Private Credit, Rates & Investors
Ares Management Corporation's co-president Blair Jacobson said there's a "real disconnect" between negative headlines about private credit and what the firm is seeing across its portfolio companies. Jacobson said companies worldwide are reporting annual growth of 8% to 12%, and non-accrual rates are lower than the company has seen historically. He joined "The Pulse with Francine Lacqua" on Bloomberg TV. (Corrects spelling of name in headline.)
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