Carlyle bolstered by private credit and secondaries trends
Private capital group has been recovering under chief Harvey Schwartz
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The trend strengthening the hand of big credit houses
Weak creditor protection in deals gives advantage to those with the resources to examine documentation
Investors beware the dangers lurking in private credit
For some observers, the rapid rise of this asset class invites unsettling historical comparisons
Private credit’s stale pricing problem
More frequent asset valuations can boost market resilience and investor confidence
There is a data deal to be done by banking incumbents and upstarts
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