As liquidity issues mount in emerging markets as a result of the coronavirus pandemic, private capital needs to finally start making its mark, says Walid Cherif of BluePeak Private Capital.
Private debt managers active in mid-market direct lending will not escape a downturn unscathed, but they can also see opportunities in slowing growth.
The former chief economist at Merrill Lynch has been bearish on the economy for a while. A perfect storm of volatility suggests he’s called it right.