Financial thought leader James Grant warns about the dangers facing the highly leveraged private equity and private credit markets from higher interest rates and inflation. Of particular concern are large positions in insurance company portfolios.<br>WEALTHTRACK episode 2251 broadcast on June 19, 2026

Private Equity Dangers Are Rising Says Financial Thought Leader James Grant

WEALTHTRACK

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[SPEAKER_B] The risk is considerable. Private equity has taken a keen interest in the life insurance companies.

[SPEAKER_D] On WealthTrack, the risks insurers face from private equity.

[SPEAKER_E] Funding provided by ClearBridge Investments, the Fairholme Foundation, First Eagle Investments, Bill Miller, Miller Value Partners, Baird, Strategus Asset Management, Research Affiliates, Royce Investment Partners, Seafarer Capital Partners, and Women Investing in Security and Education.

[SPEAKER_D] Hello and welcome to this edition of WealthTrack. I'm Consuelo Mack. Two notable events have been in the news of late. One is the problem arising in what is called private credit, that is lending by investors to private companies that otherwise might not get financing because they are either not creditworthy or don't have access to the public debt or stock markets.

Private Equity Dangers Are Rising Says Financial Thought Leader James Grant

Read the full transcript

The candid version is on a podcast,
not the earnings call.

Private Equity Dangers Are Rising Says Financial Thought Leader James Grant

Read the full transcript

The candid version is on a podcast, not the earnings call.

The candid version is on a podcast,
not the earnings call.