Ken Kencel, CEO at Churchill Asset Management, joined Romaine Bostick on Bloomberg TV for a long-form discussion about the global private credit landscape today. The underpinning theme of the entire conversation was the ongoing trend, which was accelerated by the banking turmoil earlier this year, of scaled managers taking greater market share. Ken expects private credit growth to continue on the institutional side, but for the next wave of growth to happen in the retail channel as more products come to market for individual investors. He also discussed Churchill’s recently formed partnership with Arcmont Asset Management, which created Nuveen Private Capital, one of the largest private debt managers in the world with $67 billion in committed capital.