David Webb
@DavidWebb1524
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My partner @kieranwgoodwin has been so right about this space for over a year which has really sharpened my vision. Outflows beget outflows. Gating begets outflows. Selling some of the underlying portfolio to meet minimum redemptions creates losses and begets outflows. Four
https://t.co/dqEaTh4NiY 1) This article explains some of the risks of shadow banks but misses a huge risk. It fails to mention that all private credit funds use leverage in order to be able to generate net returns of 8-10% to their investors. @boazweinstein
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