{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Industry Insights: Exclusive Interviews","title":"EP 08: Inside the Rise of Private Credit with Joseph Glatt","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/16c0f5aa\"></iframe>","width":"100%","height":180,"duration":1783,"description":"Private credit has become one of the most important forces in global finance, and host Julie Miecamp opens the episode (00:00) by bringing in Guest Interviewer Paola Aurisicchio, Chief Correspondent for Large Cap Private Credit at Octus (00:45). Paola explains why she wanted this conversation and why Guest Joseph Glatt, Partner and Co-Chair of the Global Private Credit Group at Paul Weiss, offers a rare long-cycle perspective before handing things over to him (01:30).\nJoseph begins by outlining how private credit accelerated after the financial crisis (03:40) and the forces shaping its next chapter (05:01). He then breaks down what differentiates asset-based finance (06:50), why it has expanded so quickly (08:45), and which sectors are seeing the most momentum (09:45), from data centers to healthcare receivables to music and media royalties.\nThe conversation moves into how documentation and structures are evolving (10:56), before Paola asks why investment-grade companies are increasingly turning to private credit (12:40). Joseph explains at (13:00) that speed, certainty, and customization now often outweigh public-market pricing, with customization emerging as the major advantage (14:49).\nJoseph then walks through financing the digital infrastructure boom (17:20) and why capacity underwriting matters more than deal size (19:56). The discussion expands into sports financing (20:37), including the legal and structural challenges around media rights, cross-collateralization, and league consents (23:00), and the growth ahead in women’s sports and esports (24:00).\nLooking forward (24:52), Joseph predicts deeper global expansion, more collaboration between banks and private credit, and greater transparency. At (25:38), he outlines the qualities that will define the next generation of leading platforms.\nThe episode closes with a personal segment (26:09) where Joseph reflects on what drew him to the law, the career moment he is most proud of (27:04), his advice for young...","thumbnail_url":"https://img.transistorcdn.com/SWBvXOyNvoxfF-iLZFnaFkVlRfUZj92XsrozzLaQTGk/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS84NmQ2/M2ZiN2I0MTMyNzNm/ZDE5YTNkMWY5NzEx/MjJlMi5wbmc.webp","thumbnail_width":300,"thumbnail_height":300}