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Private Credit Dislocation Is a Great Opportunity, TCW CEO Says

Bloomberg Markets
Thursday, March 19, 2026 at 10:41 AM
~4 min read
Banking

Original Report

TCW CEO Katie Koch sees buying opportunities in private credit even amid concerns about the disruptive effect of AI on software companies, which are widely financed by private credit. “As the crowds...

TCW CEO Katie Koch sees buying opportunities in private credit even amid concerns about the disruptive effect of AI on software companies, which are widely financed by private credit. “As the crowds go for the exit, this is actually the moment where people should be buying,” Koch says on Bloomberg Television. (Source: Bloomberg)

Glass House Analysis

This development in the banking sector reflects broader tensions between regulatory pressure and financial industry practices. The banking system serves as the circulatory system of the economy; any disruption ripples through to small businesses, homebuyers, and everyday consumers who depend on credit access.

Corporate decisions reverberate through local communities—a merger might mean headquarters relocating, a restructuring could eliminate jobs, and strategic shifts affect suppliers and service providers in countless towns. Behind quarterly earnings numbers are real employment decisions, investment choices, and community impacts that shape the economic landscape of regions across the country.

The implications extend beyond the immediate news cycle. Every economic development creates ripples that affect employment, prices, and opportunities in ways that may not be immediately visible but are deeply felt. By tracking these connections, we can better understand how the economy truly works—not as an abstract machine, but as a human system shaped by and shaping the lives of millions.

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