Private credit has ‘growing pains,’ but a Man Group exec sees opportunities in higher rates

Higher interest rates will create attractive opportunities for disciplined private credit lenders, despite the "growing pains" facing the sector, Man Group 's head of U.S. direct lending has told CNBC. Speaking with CNBC at the SuperReturn International private equity and venture capital conference in Berlin, chief investment officer Kevin Marchetti said credit fundamentals remain strong in the core middle market direct lending space in the U.S. …