Oliver Bate, chief executive of Allianz, warned of "uncontrolled private lending" — and of risks to the financial system akin to the financial crisis.
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Private credit's rapid rise was key to global dealmaking over the past decade. Now, signs of strain in the $3 trillion market are…
Goldman Sachs said roughly 80% of the direct lending market is held in vehicles that typically don't allow investors to redeem…
The broader concern is that exposure to private credit, which is less regulated and transparent, could result in consequences for…
Default rates are elevated and credit managers are getting creative.
Private credit is starting to resemble the public debt market, as its expansion blurs lines that once separated private and…
Private credit's meteoric rise to a roughly $3 trillion cornerstone of global finance was fueled by demand for lending outside…
