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Beach Point on First Brands Fallout, Private Debt Risks
Yahoo Financeยท2025-10-03 16:34

Legendary short-seller Jim Chanos is warning the private debt boom could unravel after First Brands' collapse. He tells the Financial Times more companies could fall when the cycle turns. One of the firms now backing First Brands is Beach Point. Portfolio Manager Sinjin Bowron joins "Bloomberg Open Interest" to talk about the fallout and the vulnerabilities in private credit. ...