A Loan Default – But Investors Recovered 101%

What happens when a private credit investment defaults? Pedro explains that the strategy has experienced one default in its history. After the remaining collateral was sold, it ultimately recovered 101% of the original investment. While breaking even is not the objective of an investment strategy, the example highlights the potential role of collateral and recovery processes in limiting losses when a borrower runs into difficulty. Importantly, one historical recovery does not mean future defaults will have the same outcome. Watch the full episode here: https://youtube.com/live/4Wcyf7kTRC0 For information and education only. This is not investment advice. Past performance is not a reliable indicator of future results. Capital at risk. #PrivateCredit #CreditInvesting #RiskManagement