The global fund finance market has exceeded $1tn in size, supported by rapid expansion in private credit activity, according to a report by Reuters citing new research by Moody’s Ratings.
What was once a niche liquidity tool for private funds has evolved into a core financing mechanism, with Moody’s describing it as an increasingly important backstop for private credit lenders as the number of dedicated funds continues to grow.
A key driver of this expansion has been the rise of net asset value...
Continue Reading
Sign up for FREE to read the full article and access 129K+ alternative investment headlines.