Borrowians face a funding comparison with Pimco Dion cracks

He pointed to asset -based financing as a “healthier” credit environment.

He added: “In asset-based financing-residential loans, consumer loans, student loans and car loans-economy is strong, families are strong, and the consumer is strong, and we do not really see cracks.”

The extensive gap from the 2008 global financial crisis stems, which witnessed that consumer borrowers are expanding in their review and having home commission budgets, which helped to enhance asset -based financing activity. In contrast, borrowers from companies built their influence and have “less clean” budgets.

In October of last year, Pimco raised more than two billion dollars for the asset -based specialized financing strategy as part of its continued payment to private credit.

B discurgents face a comparison in the public debt markets against private debt markets, Strace said.

The lowest number of lenders in private markets means that it may be easier for borrowers to re -negotiate the terms of loans in the event of a loan pressure – albeit with high costs.

More liquid bank debt, on the other hand, comes at a much lower cost, although the financing process may be more difficult.

“It is more difficult with a widely shared loan or loan,” Straki said. “We are witnessing some real problems in the credit markets. There has been some prominent failure to pay in the credit markets-in public markets-where it is difficult for the company to negotiate with lenders to maintain value in the company.”

In the future, Strace said that as the Federal Reserve continues on the course of interest rate discounts, and the cost of comprehensive borrowing, especially in mortgage rates, there will be more opportunities for Pimco to take advantage of this demand for credit.

Meanwhile, David Elijah, CEO of the Australian Retirement Fund, said that institutional investors looking for a wallet diversification are increasingly attracted to the area of ​​private markets – but the regulations must focus on the retail wealth space.

Elijah CNBC at the Milken ASIA summit told any toughest regulation for private markets should focus on investors “MO-ID” who are attracted to the various benefits of the asset category, rather than advanced institutional investors.

“It is possible that there will be about 19,000 companies listed in the global markets. There are 140,000 private companies amounting to more than $ 100 million in US revenue,” said Elia.

“As long -term institutional investors, you will not see the level of focus, if you are original on diversification, in the listed markets. Therefore, you will lead you to the non -listed sector, to a large extent around the types of investments similar to private stocks.”

He also expects more subscriptions to subscriptions in the coming months.

– Nicole Tio of CNBC and Jesarel Choa contributed to this report.