9@9 with Kelly Menendez

Demand booms for low-liquidity, higher-return credit assets, Marc Rowan says

Head of EMEA Global Wealth Management Solutions Veronique Fournier joined Bloomberg TV to discuss growing demand from European wealth investors for semi-liquid private market strategies, including private fixed income products.

In conversation with David Rubenstein at the Economic Club of Washington, D.C., CEO Marc Rowan discusses why, amid a growing retirement crisis, investors need to re-evaluate their understanding of private markets. Much like public markets, investments in the private markets can be either safe or risky; the main difference between public and private is liquidity, not risk.