The Federal Reserve’s rapid interest-rate hikes in 2023 and tough regulations on banks have put private credit on the roadmap to becoming an asset class in its own right. In the US, it has grown bigger than the high-yield corporate bonds market or leveraged loans; its prominence even brought heated debate over whether this type of lending can ignite the next financial crisis.

It’s a different picture in Asia. Granted, KKR & Co. managed to raise $1.1 billion for its first fund in the region and Blackstone Inc. saw “incredible” subscription for its flagship offering in Japan. But with only about $90 billion in assets under management, private credit is still in its infancy.

QOSHE - Private Credit Has Even More Reasons to Thrive in Asia - Shuli Ren
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Private Credit Has Even More Reasons to Thrive in Asia

8 1
09.01.2024

The Federal Reserve’s rapid interest-rate hikes in 2023 and tough regulations on banks have put private credit on the roadmap to becoming an asset class in its own right. In the US,........

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