How Private Credit Became One of the Hottest Investments on Wall Street
10:30
YouTubeCNBC
How Private Credit Became One of the Hottest Investments on Wall Street
Private credit has quickly become one of Wall Street's most popular investment classes in 2023. Alternative data platform Preqin projects this asset class will reach $2.7 trillion by 2027. Several firms like Apollo Global and Ares Management have grown this market from just $250 billion in 2010. This happened in part due to banks retrenching ...
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