Miller: Registered liquid private credit products carry underestimated risks
Jacob "Jake" Miller · Ep 68: Are High Interest Rates & Inflation Here to Stay? How to Generate Alpha with Jacob Miller · Joe Lonsdale · Nov 2, 2023 · at 20:15
Jacob Miller, co-founder of Opto Investments, discusses risk dynamics across private debt vehicles with Joe Lonsdale.
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“Now, there's a little bit too much hype in this space right now at an aggregate level, and a lot of these registered liquid products are being marketed to RAs and their clients, and we think there's more risk in those than people assume, because you, once you're in a liquid product holding a liquid underlying, you have a lot of counterparty risk.”
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