The Minutes of Marc Rowan on leverage https://minutesof.com/marc-rowan/on/leverage/ Everything Marc Rowan has said on leverage: 2 verbatim quotes between October 2024 and September 2025, each with a timestamp and a link to the recording… en Sun, 30 Aug 2026 16:22:35 +0000 Rowan distinguishes between traditional private equity and a new model of private equity without leverage or f https://minutesof.com/q/2a8a10a2-c053-4795-af0a-2e8928fe7262/ https://minutesof.com/q/2a8a10a2-c053-4795-af0a-2e8928fe7262/ “I think we're heading to a world where we not just have private credit, but we have equity that is private, not just private equity.” — CNBC Television Wed, 03 Sep 2025 12:01:15 +0000 leverage Rowan contrasts bank leverage of 12-14x with zero leverage at typical institutional investors and mutual funds https://minutesof.com/q/fb63d604-ad6b-453c-b62b-93bee5885d96/ https://minutesof.com/q/fb63d604-ad6b-453c-b62b-93bee5885d96/ “A bank is levered 12 to 14 times. The typical institutional investor is levered zero. The typical mutual fund levered zero. Typical BDC levered 1.5 times. Typical retirement services company levered eight times.” — Bloomberg Television Wed, 02 Oct 2024 13:14:05 +0000 leverage