The (Uncertain) Payoff from Alternative Investments: Many a slip between the cup and the lip?
Musings on Markets
JUNE 17, 2025
On the debt front, the public debt and bank debt market is supplemented by private credit , where investors pool funds to lend to private businesses, with negotiated rates and terms. again a process that has been around a while, but one that has also become formalized and a much larger source of funds.
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