Raj Makam of famed Los Angeles-based investment firm Oaktree Capital operates in one of the fastest growing parts of the capital markets – private lending.
The private debt market – in which specialist funds lend money directly to companies – is set to double by 2026 from $US1.2 trillion ($1.7 trillion) to $US2.7 trillion.
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Jonathan Shapiro writes about banking and finance, specialising in hedge funds, corporate debt, private equity and investment banking. He is based in Sydney. Connect with Jonathan on Twitter. Email Jonathan at jonathan.shapiro@afr.com
