Glenn August

Chief Executive Officer of OHA, Founder, Vice President & Director, T. Rowe Price

Search every verified Glenn August interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Glenn August, founder and CEO of Oak Hill Advisors, has publicly addressed concerns about systemic risk in the private credit market, stating in October 2025 that he does not see a bubble in the sector. He acknowledged isolated instances of credit risk and potential fraud but attributed these to idiosyncratic factors rather than broader market fragility, citing the resilience of the economy and the absence of forced sellers or significant mark-to-market leverage in the system. He also defended the industry's risk profile, noting that his firm's senior direct lending typically involves modest leverage and that investors include long-term institutions such as sovereign wealth funds and major U.S. pension plans. In earlier appearances, August discussed the growth of private credit, predicting the market could triple as banks withdraw from syndicated lending, and highlighted opportunities in distressed investing driven by a coming wall of corporate debt maturities. He has also commented on macroeconomic conditions, suggesting in 2024 that the economy could see a modest slowdown in 2025, while noting the ongoing effects of pandemic-era stimulus and the resilience of corporates to higher interest rates. August has described his firm's approach as focused on selecting individual credits based on business quality, management, and capital structure, rather than making broad market bets.