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True Launches Private Credit Practice to Help Credit-Based Asset Managers Navigate Complex Leadership Situations

Financial Post · October 15, 2026 at 10:16 a.m.

PHILADELPHIA -- True, the premier global executive talent platform powered by data, AI, and deep sector expertise, today announced the launch of its Private Credit Practice , led by Rick Bank , Managing Director and Head of the Private Credit and Private Equity Practices.

The launch comes as private credit enters a significant credit cycle, with 67% of portfolio managers citing greater competition and 64% citing defaults and credit losses as factors affecting performance in 2026, according to PwC’s 2026 Global Private Credit Survey .

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True Launches Private Credit Practice to Help Credit-Based Asset Managers Navigate Complex Leadership Situations

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