Fortunes to be made as the private credit boom is going public
Once a cottage industry, private credit is now attracting billions of dollars, reshaping the financial system and minting new fortunes.
Jonathan ShapiroSenior reporter
It’s a winning trade that is being pitched around the world to investors of all sizes – from little old ladies to sovereign wealth funds.
The opportunity is earning double-digit returns by lending money to small businesses, big companies and real estate developers that have been left hanging by the banks. Lending money is reliable, stable and thanks to higher interest rates, is a compelling investment.
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