In this episode of RPM, Richard Schmidt, Senior Analyst, Private Debt, and Jovan Samardzic, Managing Director, Private Debt Research, join co-host Michael Venne to discuss the state of the private debt market. They cover: The relative value of private debt (2:12); The impact of higher interest rates (4:42); How middle-market companies are performing (6:57); What’s ahead for default and loss rates (8:20); and The outlook for direct lending volumes (10:26). See omnystudio.com/listener for privacy information.