The Rising Danger of Private Credit Overregulation

From Wall Street to Main Street, everyone in finance is talking about private credit. 

This non-bank lending sector has grown from $400 billion to $1 trillion in assets in just a decade, injecting nearly $500 billion into over 3,600 American businesses. Headlines this summer have remarked that the industry is a “juggernaut, “burgeoning,” and in its “golden age.”

 

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