KKR’s CFO Calls Private Credit ‘Compelling’ Despite Pullback

KKR & Co. still sees a compelling environment for private credit despite investors’ jitters around the potential impact of artificial intelligence on software companies.

“We have a number of institutional investors calling us up right now wondering, because of the pullback we are seeing across the private wealth space for private credit, for direct lending, is now a good time to be entering?” Chief Financial Officer Rob Lewin said in an interview Tuesday on Bloomberg Television. “We think it is.”