Katten Private Credit Partner Derek Ladgenski was featured in a Global Finance article examining mounting stress across the private credit sector and whether the asset class can withstand its visible cracks.

Derek argued that experienced market participants will ultimately work through the sector's challenges, offering a bullish counterpoint to concerns about a potential broader retrenchment. "The tombstone for private credit has been written many times before," Derek said.  He acknowledged that while cyclical pressures exist across all asset classes, the deeper challenge in private credit is liquidity mismatch — an outcome, in part, of significant investor inflows chasing its strong historical track record and forward-looking returns. Still, any "stickiness" will ultimately strengthen the sector, he added. "And the current sound bites and headlines regarding any death knells will be forgotten soon enough."

"Private Credit Stress Test: What Breaks And What Holds," Global Finance, April 22, 2026