Underlying fundamentals in private credit appear sound, so why are negative headlines implying something different? Private Credit has generally offered yields higher than public high yield markets usually due to the liquidity premium, but it is not designed to be a daily liquidity asset class. To better understand the trade-offs, Brian Resnick gives a quick take on what's happening in private credit today.

This podcast is for informational purposes only and is not investment advice, a recommendation, or an offer to buy or sell any security, fund, or strategy. Views are as of the recording date and may change. Private credit involves significant risks, including illiquidity, credit loss, valuation uncertainty, leverage, and limited transparency. Any market data discussed should not be relied on as a forecast or guarantee.

Note to All Readers: The information contained here reflects the views of AllianceBernstein
L.P. or its affiliates and sources it believes are reliable as of the date of this podcast.
AllianceBernstein L.P. makes no representations or warranties concerning the accuracy of
any data. There is no guarantee that any projection, forecast or opinion in this material will
be realized. Past performance does not guarantee future results. The views expressed here
may change at any time after the date of this podcast. This podcast is for informational
purposes only and does not constitute investment advice. AllianceBernstein L.P. does not
provide tax, legal or accounting advice. It does not take an investor's personal investment
objectives or financial situation into account; investors should discuss their individual
circumstances with appropriate professionals before making any decisions. This information
should not be construed as sales or marketing material or an offer or solicitation for the
purchase or sale of any financial instrument, product or service sponsored by
AllianceBernstein or its affiliates.

Matt Bass, Head of Private Alternatives at AllianceBernstein, offers his view on private markets – from asset diversification and liquidity to the potential for growth and regulation. With a focus on transparency and clearing up misconceptions, Matt takes us behind-the-scenes at a growing fund manager poised at the intersection of direct lending, asset-based finance and all things private credit.

Note to All Readers: The information contained here reflects the views of AllianceBernstein
L.P. or its affiliates and sources it believes are reliable as of the date of this podcast.
AllianceBernstein L.P. makes no representations or warranties concerning the accuracy of
any data. There is no guarantee that any projection, forecast or opinion in this material will
be realized. Past performance does not guarantee future results. The views expressed here
may change at any time after the date of this podcast. This podcast is for informational
purposes only and does not constitute investment advice. AllianceBernstein L.P. does not
provide tax, legal or accounting advice. It does not take an investor's personal investment
objectives or financial situation into account; investors should discuss their individual
circumstances with appropriate professionals before making any decisions. This information
should not be construed as sales or marketing material or an offer or solicitation for the
purchase or sale of any financial instrument, product or service sponsored by
AllianceBernstein or its affiliates.