Private credit funds poured nearly $560 billion into U.S. businesses over the past three years

The Managed Funds Association says the lending generated roughly $897 billion in economic activity and helped create more than 6.5 million jobs

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A Managed Funds Association report seen by Reuters found that private credit funds extended close to $560 billion in new loans to American businesses across the past three years, with the activity tied to the creation of more than 6.5........

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