Investors beware the dangers lurking in private credit
For some observers, the rapid rise of this asset class invites unsettling historical comparisons
For some observers, the rapid rise of this asset class invites unsettling historical comparisons

The sector remains untested in a severe or prolonged economic downturn

Recent ructions highlight the case for better scrutiny of the asset class

Publicly traded vehicles are trading at steep discounts in gloomy sign for broader industry

Too many have been left as sitting ducks in the Wall Street pastime of creditor-on-creditor violence

Individuals should be wary of the Trump administration’s plans to broaden the access to the asset class

As investors seek to retrieve their money, the $22tn industry rejects comparisons with 2008. Regulators aren’t so sure