US Edition — Eric Muller, Oak Hill Advisors

<p>Can banks <em>really</em> compete with the big guns of private credit? Many are trying — but there are multiple constraints holding them back, from regulation all the way through to organizational structure and culture.</p><p>This is just one of the topics we discussed in our podcast with <strong>Eric Muller</strong> of <strong>Oak Hill Advisors</strong>, a seasoned veteran not just of the direct lending market but also of the banking industry.</p><p>Along the way, we quizzed him about increased regulatory scrutiny of private credit firms, the clampdown on tax-minimizing ‘season and sell’ structures, the quest for the $10bn unitranche, and the growing trend of private lenders taking the keys to struggling companies.</p>