Blockhouse

Risk units are the hard part; return units are easy. Alan Waxman Co-Founder and CEO of Sixth Street explains: "So return units are easy." "Risk units are a lot harder." "first of all, what's the quality of the business?" "The second thing is where do you sit in the capital structure?" "exact same company, exact same sector in Australia, if it were in Ukraine, you're probably gonna demand higher than 15%."