Bank on BDCs as Private Credit Standby
October 06, 2023 at 08:00 AM EDT
The word “private” draws investors. It implies an aura of exclusivity; human nature being what it is, the unattainable often lures us in. For many investors, that’s the case with private credit — an asset class defined as non-banking where the issued debt isn’t publicly traded. It’s illiquid, but potentially lucrative, explaining investors’ interest in [...] The post Bank on BDCs as Private Credit Standby appeared first on ETF Trends .