HPS’s Puri on Credit Markets, M&A, Rate Hikes

Purnima Puri, a Governing Partner at HPS, says we are closer to the end of rate hikes than the beginning. However, she believes we are likely to live in a sustained elevated rate environment. She also discusses credit markets and M&A in an interview with Bloomberg’s Romaine Bostick from the sidelines of the Milken Institute Global Conference in Beverly Hills, California. (Source: Bloomberg)