Who Provides The Capital Behind The Private Credit Boom?
The main sources of capital for private credit funds are institutional investors with long-term investment horizons and low liquidity needs.
The main sources of capital for private credit funds are institutional investors with long-term investment horizons and low liquidity needs.
BDCs continue to offer some of the highest yields in private credit and pullbacks may allow investors to capture tax benefits while staying invested.
When companies need a loan, traditionally they turn to a bank.But increasingly they’re turning to financial firms that are not really banks, but do have a lot of cash. This ... The...
Blue Owl Capital is considering reviving a plan to merge two of its private credit funds if the share price of the larger fund improves, as the alternative asset manager ... Exclusive:...
Morningstar has become the latest research house to express concern about private credit funds, suggesting it is conducting further checks before handing out a fund rating.
An increase in corporate borrowing from private funds means more growth, but potentially more risk for investors and the public, says Duke Law’s Elisabeth de Fontenay
Jeffrey Gundlach, CEO of DoubleLine Capital, warned in a podcast appearance Monday that private credit “has the same trappings” as the subprime mortgage market that precipitated the Global Financial Crisis.
Rising holdings of the asset class could lead to problems when the next downturn comes
Listed vehicles run by non-bank lenders trade at a hefty 11% dividend yield, yet also well below the value of their assets. Liquid bond and loan markets are providing renewed ... Private...
Mobius has seen its private markets assets under administration (AUA) increase sixfold over the past five years from roughly £200m to £1.2bn.