Sixth Street to Bet Big on Battered Property Sector: CEO

Alan Waxman, the chief executive officer of $75 billion investment firm Sixth Street Partners, said there’s a meaningful amount of stress brewing amid property holdings in the banking system - and his firm is making it a priority to start stepping into the void. Speaking with Sonali Basak as part of the Bloomberg Invest Conference, Waxman said “We don’t think this is systemic risk, but there are obviously large exposures, particularly in some of the small and regional sized banks, and that’s something we’re looking out for.”

[@ChinosWorldx]

Good luck bro. I am so short and have been short for a while now.

[@wizeguy2603]

If the short fails, collapse will surely happen 2029 - 2033… long overdue for an economic depression and history always repeats itself

[@feed730]

is he on coke? that look 👀

[@QueenFinSov]

☢️ALPHA☢️