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Private CreditFinancial Times |
We should worry about what happens when regulatory arbitrage goes unchecked
A lower leverage ratio and limited links to banks mean that the sector is unlikely to pose a systemic threat
Trump wants retirees’ money in private credit, but it’s a bad idea at this stage of the cycle
As investors seek to retrieve their money, the $22tn industry rejects comparisons with 2008. Regulators aren’t so sure
Recent ructions highlight the case for better scrutiny of the asset class
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