Finance: Private credit leaders adopt a defensive stance at the Milken Institute conference, emphasizing the need for transparency and accountability in the sector.
At the Milken Conference in LA, private market leaders faced tough questions over recent struggles in private equity and credit. With redemption pressures and concerns about AI's impact, execs like Jon Gray of Blackstone stress the need for clarity on illiquidity. Returns are the key! 💰 #MilkenConference #PrivateEquity
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