Is Private Credit Emerging as the New Billionaire Churning Factory of Finance World?
Private credit is an under-regulated, high-yielding lending niche that is creating the new billionaires. Private credit are loans or credit instruments privately negotiated between borrowers and non-bank lenders, bypassing traditional banking systems. Such loans are not publicly listed and are tailored to the unique requirements of borrowers, who are typically middle-market businesses or PE backed firms
