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Why the Deal Structure Matters in Private Credit

In the world of private credit, the right company and the right industry with the right management team is crucial. But structural protections are also important. Greg Margolies, Partner at Ares Management elaborates on selectivity in the private markets, how the pandemic has shaped the future of lending, and the importance of structural protections (covenants) in the current environment of rapidly changing market dynamics.

 

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