“Private Credit’s Valuation Illusion: Why the Industry’s Fastest-Growing Asset Class Faces Its First Real Stress Test“
(HedgeCo.Net) For more than a decade, private credit has been the rare asset class that appeared to defy gravity. While public markets whipsawed through cycles of tightening and easing, inflation scares and recession fears, private credit delivered steady income, muted volatility, and a comforting narrative of insulation from market noise. For allocators searching for yield w...
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