Bergstrom: Declining recovery rates are a bigger credit trend than defaults
Craig Bergstrom · Hedge Fund Master Class – Craig Bergstrom, Adam Blitz, and Dan Fagan (Capital Allocators, EP.318) · May 29, 2023 · at 54:47
Craig Bergstrom, CIO of Corbin Capital Partners, evaluates the risk profile facing credit investors in the default cycle.
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“We're trying to be defensive to a lower recovery environment. That's, I think, a trend that we see as even more dramatic than defaults.”
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