Risk
Private Credit Defaults Nudge Up: A Warning?
This relatively new alternative asset class had a 2.7% rate for loan non-payments in the second quarter, a Proskauer study says.
This relatively new alternative asset class had a 2.7% rate for loan non-payments in the second quarter, a Proskauer study says.
Major investment firms such as Blackstone have pushed into business development companies, whose sizable yields are alluring.
The popular investment may suffer from an economic dip and other changes in the financial scene, critics warn.
The $2.18 trillion market is ‘flashing warning lights,’ and deal activity is expected to slow, according to a Proskauer report.