Beware rushing into private credit deals, warns Canadian pension giant
CPPIB chief John Graham says institutional investors should ‘know what you’re buying’
CPPIB chief John Graham says institutional investors should ‘know what you’re buying’

Rising interest rates bring prolonged downturn to the buyout industry

Stronger guardrails are needed before these funds seep into the $9tn US retirement market

For some observers, the rapid rise of this asset class invites unsettling historical comparisons

Recent ructions highlight the case for better scrutiny of the asset class

The sector remains untested in a severe or prolonged economic downturn

Push to widen access comes with high fees, average returns and ‘ample dollops of additional risk’, says Olympus Partners founder