What Is Private Credit?

Investors in private credit funds continue to worry about risky loans made by the funds and to ask for their money back. The international Financial Stability Board (FSB) has expressed concerns about lack of transparency in private credit funds and potential risks of these nonbanks to the financial system. Amid these reports, the Trump administration has proposed a new regulation that would, if finalized, make it easier for retirement plan managers to offer plan participants high-risk investments, including private credit. Read Full Article »