G
olub Capital President David Golub is optimistic about the growth of private credit partnerships. He believes that pension funds will continue to seek out these investments due to their potential for stable returns and diversification benefits.

    Golub notes that his firm has been actively investing in private credit, with a focus on middle-market companies. He's particularly interested in lending to businesses in industries such as software, healthcare, and technology, where he sees strong growth prospects.

    However, Golub is cautious about lending to companies in the retail sector, citing concerns over declining sales and increased competition from e-commerce. He also expresses reservations about investing in companies with high levels of debt or those that are heavily reliant on a single customer.

    Despite these concerns, Golub remains bullish on private credit partnerships, which he believes offer pension funds a unique opportunity to generate returns through direct lending. He expects the demand for private credit investments to continue growing as pension funds seek to diversify their portfolios and reduce their reliance on traditional assets like stocks and bonds.