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Invest Like The Best: Alan Waxman on Private Credit and the Modern Financial System

April 8, 2026

Invest Like The Best: Alan Waxman on Private Credit and the Modern Financial System

In a timely return to the Invest Like the Best podcast, Co-Founder and CEO Alan Waxman joins Patrick O'Shaughnessy to share his reaction to the private credit market recalibration we are seeing unfold right now. Alan dives into cyclical market disruptions and the structural forces shaping today’s environment, specifically the "factory model" and the mismatch of assets and liabilities. Alan explains how it “all comes down to your clarity of purpose.” At Sixth Street, that purpose is simple: our capital partners. Watch below for a briefing on the history of financial systems and a look at where Sixth Street sees the risk—and the opportunity—in today’s market.

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