Macquarie’s Shemara Wikramanayake nails the big private credit risk
While the heavyweights of private credit told the superannuation sector everything’s fine in Melbourne on Thursday, two experts see long-term risks rising.
Sometimes you get one of those wonderful moments where an online meme comes to life. It happened in Melbourne on Thursday, as the good and the great of Australia’s superannuation sector came together for the grandly named Asia Pacific Financial and Innovation Symposium.
Dominating the agenda were the heavyweights of global private capital: Blackstone, BlackRock, Apollo Global Management and Blue Owl Capital. After watching problems mount in the private credit sector, Australian super investors were eager to get some insight into the story on the ground.