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Friends Not Foes
Seeking Alpha· 2025-11-06 12:00
lerbank/iStock via Getty Images Often framed as rivals, private and liquid credit should instead be viewed as powerful complements for both issuers and investors. We believe these two markets are settling into a symbiotic coexistence, as the distinctions blur between the likes of direct lending and broadly syndicated loans. The rise of private credit has been one of the defining post-Global Financial Crisis developments. Now a mainstream asset class, corporate private debt constitutes over $1.7 trillion ...