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HSBC halts planned $4bn private credit push

privateequitywire

2 months ago

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HSBC Holdings plc has paused plans to deploy $4bn into private credit funds, nearly a year after announcing an initiative aimed at expanding its presence in the fast-growing alternative lending market, according to a report by the Financial Times.
The London-listed lender had previously outlined intentions to channel capital through its asset management arm into private credit strategies, positioning the move as a way to leverage its balance sheet and compete more directly with major private cap...

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