Fool’s Yield and The Wild West of Private Credit

Published on
January 22nd, 2020
33 minutes

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Fool’s Yield and The Wild West of Private Credit

The Expert View ·
Featuring Dan Rasmussen

Published on: January 22nd, 2020 • Duration: 33 minutes

Do higher yields actually lead to higher realized returns in private markets? Dan Rasmussen is the founder of Verdad Advisors — a firm that applies a private equity investing framework to public markets in an effort to replicate private market returns and reduce risk. He joins Real Vision to shed light on the phenomena of "fool's yield." Rasmussen argues that investors have been seduced by the promise of boosted returns and ignored the myriad of risks in the opaque investment space rife with deteriorating credit quality, obfuscated default rates, and a major lack of regulation. Filmed on January 16, 2020 in New York.