Private Credit Makes Money for Managers. For Their LPs? Not So Much.
Allocators want a piece of the private credit pie, but new research shows that their investments might not pay off.
Source: institutionalinvestor.com
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Why Private Credit May Not Be as Good as It Looks | Chief Investment Officer
Factor in risk adjustments and fees, and this fast-growing asset class’s high returns get whittled down, an academic paper finds.
Source: ai-cio.com