Private credit's meteoric rise to a roughly $3 trillion cornerstone of global finance was fueled by demand for lending outside the traditional banking system.
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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…
Some say this is more about mudslinging between private credit’s competitors and a misunderstanding about direct lending.
"The cockroaches aren't everywhere, but a bit of insect repellent doesn't hurt," one strategist said.
Default rates are elevated and credit managers are getting creative.
Leverage levels in private credit are a point of focus
Oliver Bate, chief executive of Allianz, warned of "uncontrolled private lending" — and of risks to the financial system akin to…
