The Bond King Has a Warning for Private Credit: Feels Like 2006
DoubleLine’s Jeffrey Gundlach warns against the risk of private credit at the Bloomberg’s Global Credit Forum
Jeffrey Gundlach, chief executive officer and chief investment officer of DoubleLine Group, during the Bloomberg Global Credit Forum in Los Angeles, California, US, on Wednesday.
Photographer: Kyle Grillot/BloombergWelcome to a special joint edition of Going Private and The Brink, Bloomberg’s twice-weekly newsletters about private markets and corporate distress. Today, we are bringing you the highlights from the Los Angeles Global Credit Forum. If you’re not already on our list, sign up here. Have feedback? Email us at goingprivate@bloomberg.net or at debtnews@bloomberg.net.
Private credit has no shortage of evangelists on Wall Street. Jeffrey Gundlach is not one of them.