The LBO biz was once the most disruptive part of Wall Street, planting the seed for the $6T P.E. market. Now, P.E. is pivoting to private credit, a new set of tools are being unleashed, and a new generation of winners will be minted... From Puck's William D. Cohan.

Barbarians at the Pearly Gates

Once upon a time, the LBO business was the most innovative and disruptive part of Wall Street, planting the seed for the $6T private equity market. But now, P.E. is pivoting to private credit, a new s...