(HedgeCo.Net) For more than a decade, private credit has been one of the most powerful and profitable forces in global finance. As traditional banks retreated from middle-market lending in the aftermath of the global financial crisis, alternative asset managers stepped in—building a vast ecosystem of direct lenders, specialty finance platforms, and institutional credit vehicles.
Firms like KKR, Blackstone, Apollo, Ares, and Blue Owl transformed private credit into a multi-trillion-dollar asse...
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