(Bloomberg) Global demand for new infrastructure to service everything from clean energy to data has created a lucrative new market for some of the biggest names in private credit.Most Read from BloombergNvidia Surges After Company Proclaims AI Has Hit 'Tipping Point'Biden Touts $1.2 Billion in Student Loan Relief With Eye to 2024China Tightens Grip on Stocks With Net Sale Ban at Open, CloseYour 401(k) Will Be Gone Within a DecadeWhy Are There Suddenly So Many Car Washes?Investors including B
(Bloomberg) — Global demand for new infrastructure to service everything from clean energy to data has created a lucrative new market for some of the biggest names in private credit. Investors including Blackstone Inc, Brookfield Asset Management Ltd and Ares Management Corp raised almost $9 billion last year for funds that will be used to…
Brookfield's Ian Simes says that infrastructure debt funds will likely supplement, rather than replace, bank lending, as it has done in the junk credit market.