E289: The Evolution of Private Credit and What Comes Next
E289: The Evolution of Private Credit and What Comes Next  
Podcast: How I Invest with David Weisburd
Published On: Fri Jan 23 2026
Description: Why did private credit secondaries emerge, and what problem do they solve for investors? David Weisburd speaks with Rakesh Jain about building one of the world’s largest private credit secondary platforms at Pantheon, the mechanics of liquidity in private markets, and how seasoned portfolios differ from primary credit origination. Rick explains how diversification, underwriting discipline, and alignment shape risk-adjusted outcomes across cycles.