Private credit comprising making loans and underwriting CDO, CLOs etc. is in a boom phase.
The leading alternative asset management companies like Blackstone, KKR, Apollo, Carlyle, Ares, CVC etc. stand to benefit enormously from managing money in private credit funds.
The loans they make are packaged by banks and sold on making even greater returns for investors. Barring a black swan event private credit's boom will continue in the next few years, according to Wolfteam Ltd.'s projections and estimates.
Simply the reach for yield of institutional investors is very strong.
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