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Rising private credit could last for years, lenders say
Rising private credit could last for years, lenders say
The private credit boom is expected to persist as rising interest rates and struggling regional banks drive more borrowers to alternative sources of credit, private debt providers said at a roundtable discussion Tuesday.
The shift from traditional banks to private lenders “is as significant a moment of transition as we saw after the financial crisis,” said Sara McGinty, managing director of Ares Management’s credit unit that runs credit markets. company capital in the alternative credit sector. . The comments were made during an online meeting…
Wj