Sixth Street to Bet Big on Battered Property Sector: CEO

Sixth Street to Bet Big on Battered Property Sector: CEO

We discovered with great interest on February 27, 2024 on Bloomberg Television's Youtube channel a new video that might interest you.

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For your information, you can find below the description of the video Sixth Street to Bet Big on Battered Property Sector: CEO published by the Youtube channel Bloomberg Television:

Alan Waxman, the chief executive officer of $75 billion investment firm Sixth Street Partners, said there’s a meaningful amount of stress brewing amid property holdings in the banking system — and his firm is making it a priority to start stepping into the void. Speaking with Sonali Basak as part of the Bloomberg Invest Conference, Waxman said “We don’t think this is systemic risk, but there are obviously large exposures, particularly in some of the small and regional sized banks, and that’s something we’re looking out for.”