Private credit has had its 15 minutes of fame
The conditions that led to the private credit boom are unwinding. After two years of ceding turf to direct lenders, investment banks, which are the public credit marketsâ gatekeepers, are striking back. With confidence growing of a Fed interest-rate cut, private credit funds will have to cut their premiums. But they wont mind cheap public debt, as many sit on a âtowering backlogâ of unsold investments amid anemic IPOs and are in need of more cash
from Moneycontrol Economy News https://www.moneycontrol.com/news/economy/private-credit-has-had-its-15-minutesfame_17495781.html
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from Moneycontrol Economy News https://www.moneycontrol.com/news/economy/private-credit-has-had-its-15-minutesfame_17495781.html
via IFTTT
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