Apr 23, 2023

How will AI impact private credit/distressed debt investing compared to public credit investing in the next decade?

Incoming SA at PC shop who is interested in pursuing a career in PC as well as exploring the public side of credit investing. Curious to what individuals in the space think of the impact of AI in it and how it will differ from publics to privates.

 

I would say very little impact on the private side. Most value-add is from relationships (which AI does not yet govern), analysis is quick and deal teams are already super lean so don't see much reason for change.

 
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