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Tags: Arizona State Retirement System, Banks, Blackstone, CalSTRS, default rate, Junk Bonds, KKR, leveraged loans, loans, Private Debt, Returns, Thornburg Investment Management
Promise of Private Debt Burns Bright—With a Big If
How the burgeoning asset class plans to navigate the risky pandemic economy.
« During the Great Financial Crisis, Overly Optimistic Ratings Helped Kill the Market. Could It Be Happening Again?