Setting the US private credit record straight: Opportunities in direct lending
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Setting the US private credit record straight: Opportunities in direct lending
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Credit events can happen when monetary policy shifts from very accommodative to a more restrictive stance such as the case over the past few years. The key to distinguishing assets such as true private credit from the broadly syndicated loan market, is understanding structures, underwriting standards and manager incentives, according to Tim Warrick, managing director, and head of Principal Alternative Credit.
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