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Private Credit Funds Face Pressure From Banks
Bloomberg's Katherine Doherty and Olivia Fishlow joins Katie Greifeld on "Bloomberg Real Yield." For years, Wall Street banks eagerly helped private credit funds amplify their investing firepower with hundreds of billions of dollars in loans. Now, those same banks are tightening their arrangements, adding to the pressure on managers already reeling from an exodus of investors. (Source: Bloomberg)
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Bloomberg's Katherine Doherty and Olivia Fishlow joins Katie Greifeld on "Bloomberg Real Yield." For years, Wall Street banks eagerly helped private credit funds amplify their investing firepower with hundreds of billions of dollars in loans. Now, those same banks are tightening their arrangements, adding to the pressure on managers already reeling from an exodus of investors. (Source: Bloomberg)