Private Credit

Practical training for asset management professionals, from first principles to how deals really work.

Private Credit Beginner

Introduction to Private Credit

A plain-English introduction to private credit: what it is, why it grew after 2008, who borrows, lends and invests, how a private loan is priced and protected, and how lenders lose money.

14 lessons 3.9 hours

Private Credit Intermediate

Private Credit Operations and Fund Accounting

How private loans are run and accounted for: the agent's role, interest calculations, OID and PIK accounting, non-accrual loans, and how a credit fund's NAV, incentive fees and investor reports are produced.

11 lessons 3.1 hours