Executives from Blackstone and Apollo Global Management have sought to counter growing market anxiety around the $1.8tn private credit sector, arguing that fears reflected in recent headlines overstate actual risks., according to a report by Bloomberg.
Speaking at the Asia Pacific Financial and Innovation Symposium in Melbourne, Blackstone co-CIO Kenneth Caplan highlighted that the firm’s portfolio shows “very low levels of default,” emphasising a disconnect between media coverage and portfolio...
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