Private credit's rapid rise was key to global dealmaking over the past decade. Now, signs of strain in the $3 trillion market are spilling into private equity.
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As always, I want to avoid a sweeping declarations.
Leverage levels in private credit are a point of focus
A "robust and growing" private credit secondaries market could serve as a pressure valve for the industry's current liquidity…
Private credit is starting to resemble the public debt market, as its expansion blurs lines that once separated private and…
Private equity and credit offer new opportunities for long-term returns, but are also risky and lack the same transparency as…
Goldman Sachs said roughly 80% of the direct lending market is held in vehicles that typically don't allow investors to redeem…
