May 5th, 2026

Guggenheim's Schwartz Concerned Private Credit Will Crack

Alan Schwartz, executive chair of Guggenheim Partners, discusses surging US power demand from electrification and AI, arguing data centers and hyperscalers should be seen as partners in lowering long‑term electricity costs. Speaking at the Milken Institute Global Conference in Beverly Hills, California, Schwartz also addresses the recent concerns about the private credit market.