PERSON DIRECTORY
Alan Waxman
Alan Waxman appears in 2 indexed conversations across Invest Like the Best. This directory brings every appearance, source, TL;DR, digest, and transcript into one searchable feed.
What 100 Years of American Finance Tells Us About Today
Patrick O'ShaughnessyAlan Waxman
Waxman attributes private-credit stress to a factory model that industrialized fundraising and investing after 2018, with FRE multiples rising from 10–15x to 25–30x+ as underwriting standards weakened.Perpetual private BDC redemptions exceeding the 5% limit are not yet systemic in his view, but AI could reprice every industry, making matched liabilities, governed inflows, and strategy breadth critical.
The Investment Firm That Can 'Do Anything' | Sixth Street CEO Alan Waxman
Patrick O'ShaughnessyAlan Waxman
Alan Waxman’s edge is unitizing risk by business quality, capital-structure attachment point, and documents, letting Sixth Street compare disparate deals across asset classes.With 450-500 monthly deals, 15-25 live themes, and a $30B TAL vehicle, the firm can migrate as themes decay over 12 to 36 months, but leverage-driven returns, AI labor disruption, and wealth-channel structure remain watchpoints.