Finance

Caisse Executive Says Private Credit Concerns Are Overblown

La Caisse CEO Charles Emond, left, and Vincent Delisle, head of liquid markets

Photographer: Graham Hughes/Bloomberg

Pension manager Caisse de Depot et Placement du Quebec missed many of its return benchmarks last year — but not in credit, where the group earned a 9.6% return.

Bloomberg News spoke with the pension fund’s head of liquid markets, Vincent Delisle, about the fund’s strategy and recent market jitters in the $1.8 trillion private credit arena.