Best way to answer “why do you want to join private credit” or “why do you want to join private debt”. I have a general sense of why I want to but can’t really put my thoughts into words. Any insight would be helpful. Thanks.

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“When I was in high school, I let one of the linebackers on our football team borrow $100. He couldn’t pay me back when he said he would and ended up being my body guard all of senior year until he could pay me. It was then that I realized I could own people by lending money to them and it’s all I’ve ever wanted to do since then”

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I don’t think anyone will want to spoon feed you a script. Why don’t you list your reasons and then people can help craft a story around your thoughts

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Since the financial crisis, banks had to maintain a high capital ratio and thus been more selective in their lending businesses. Private credit is effectively filling that gap left by the banks, and I assume you/OP want to be part of this secular growth?

This is usually how I position private debt when I am discussing the asset class with investors.

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