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(Bloomberg) Barings LLC is planning an Australian private credit fund, seeking to provide an alternative to banks and the bond market, an executive at the investment company said. Most Read from BloombergBiden, Xi to Announce China’s Crackdown on Fentanyl TradeWall Street Divided Over Just How Aggressive Fed Cutting Will BeUBS Strategists See Far Deeper Fed Rate Cuts Than What Markets Are PricingThailand Takes $28 Billion Malacca Strait Bypass Plan to USIsrael Latest: Biden Urges ‘Less Intrus

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