State of Distressed: Moelis’ Murray on Private Credit Workouts
“The goal is to set the company up for longer-term success,” explained Rachel Murray, managing director at Moelis & Co. “If we’re solving quarter-to-quarter, you’re probably not investing in the...
By Mariam Traore · Bloomberg
“The goal is to set the company up for longer-term success,” explained Rachel Murray, managing director at Moelis & Co. “If we’re solving quarter-to-quarter, you’re probably not investing in the business as you should; there’s distractions for management, it’s putting more pressure on the business, and frankly, probably their peers and competitors are going after their customers and creating noise.” In her conversation (7:40) with Bloomberg Intelligence’s Negisa Balluku and Phil Brendel at t