Trends in Special Situations & Private Credit 2023
The year 2022 was a landmark one for private credit, which emerged from the pandemic in robust health, having endured its first real test as an asset class.
Faced with new challenges from turbulent public markets, record inflation and rising interest rates, private credit once again provided its resilience as investors favored its timely characteristics of downside protection, floating rates, sizable equity buffers and pragmatic credit selection.
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