Rowan argues private credit democratization has diversified risk and reduced system leverage versus bank concentration.
“We've diversified the risk. We've increased the resilience of the system. We've reduced the leverage of the system by doing it.”
Rowan argues private credit has de-risked the United States by moving risky lending out of the government-backed banking system.
“I would say that private credit levered lending, direct lending, has actually been a de risking for the entire United States and for investors.”