CNA Explains: A closer look at the private credit industry
Private credit is facing its biggest test yet. According to FT, wealthy investors tried to pull out US$20 billion from major players like Apollo, Ares and Blackstone in the first quarter, with growing anxiety over loans to private equity-backed software companies. CNA's Roland Lim gives the lowdown on private credit, how it works and why you should care.
Private credit is facing its biggest test yet. According to FT, wealthy investors tried to pull out US$20 billion from major players like Apollo, Ares and Blackstone in the first quarter, with growing anxiety over loans to private equity-backed software companies. CNA's Roland Lim gives the lowdown on private credit, how it works and why you should care.