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The Capitol Forum

The Capitol Forum

Hiding Money in Bermuda (Private Credit Crisis)

Sep 15, 2026 · 1h 9m

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On this episode

About this episode

There's a hole in the life and annuity sector's balance sheet, and private equity dug it. In this episode of Private Credit Crisis, Executive Editor Teddy Downey sits down with Nick Nemeth, an investor and the writer of Mispriced Assets, to discuss the life and annuity industry's growing exposure to private credit and the potential risks for insurers and the broader financial system.