Private Credit and the Credit Markets Transformation
CITCO 350 Park Avenue, 30th Fl, New YorkOverview The last decade has seen radical shifts in the structure of credit markets. The once-dominant role of banks has greatly diminished, replaced by a mix of private credit, BDCs, finance companies, and other lenders. For public bond markets, trading inventories are much smaller compared to the market’s growth, creating a more challenging [...]