Higher rates, banks’ lending retreat and strong fees are bringing a raft of newcomers to the product that has quickly turned from a niche to a must-have.
The private credit market has proven to be an attractive prospect for investors in light of recent economic developments. As other asset classes shrunk during the global financial.
“Lenders that can write bigger checks will have a competitive advantage for the remainder of the year. Many sponsors have accepted the fact that pricing and terms have tightened and now.