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In this week’s episode of LFI’s Levered Line, Steve Miller welcomes Jeff Bracchitta, JP Morgan’s head of Private Credit Origination. In a wide-ranging discussion, Jeff details:

• How the levfin private credit has matured and taken shape in recent years

• The main investor constituencies and how each play in the space

• JP Morgan’s approach to private credit

• How the recent volatility in the markets have impacted private credit

• The relative position of private credit and BSL in today’s credit landscape

• The state of covenants for private credit loans with an eye on deal size and

• The nascent move toward trading and liquidity for private credits