Guggenheim Investments ‘Leaning Into’ BDCs, DiLorenzo Says

Guggenheim Investments’ President Dina DiLorenzo said the firm is working to launch a nontraded business development company, calling private credit an “important” asset class.

“We are leaning into the BDC,” DiLorenzo said Wednesday in a Bloomberg Television interview at the Milken Institute Global Conference. “We’re launching a non-traded BDC because we believe that the private credit asset class is still an important asset class.”