Kai Risdahl

Those investors, though, have been getting jittery, worried by some high-profile defaults and the future prospects of...

Those investors, though, have been getting jittery, worried by some high-profile defaults and the future prospects of...

you know, getting their money back.

you know, getting their money back.

So a lot of them have started pulling money out of private credit.

So a lot of them have started pulling money out of private credit.

Bank run is a little bit strong here, but not by much.

Bank run is a little bit strong here, but not by much.

Marketplace's Henry Epp gets us going.

Marketplace's Henry Epp gets us going.

Private credit has gotten as big as it has because of the financial crisis.

Private credit has gotten as big as it has because of the financial crisis.

Banks had lost a lot of money on loans and Washington had imposed new lending regulations, says Kent Belasco at Marquette University.

Banks had lost a lot of money on loans and Washington had imposed new lending regulations, says Kent Belasco at Marquette University.

Especially for mid-sized companies.

Especially for mid-sized companies.

At the same time, investors were looking to put their money into funds that got a decent yield, says Amir Sufi, a professor of finance at Chicago Booth.

At the same time, investors were looking to put their money into funds that got a decent yield, says Amir Sufi, a professor of finance at Chicago Booth.

Private credit gave them that.

Private credit gave them that.