As the private credit market continues to expand, it is becoming increasingly attractive to a range of companies – including those that would historically have sought funding from public markets.
Private credit funds have seen strong growth in the years since the global financial crisis according to a Preqin report. Assets under management in private debt reached a record US$812 billion as of June 2019.
For more information, read the Proskauer article here.
In private credit, we have a long-term view and pools of capital that can help businesses recover more quickly.
– Eric Capp, Partner, Head of Origination & Co-Head of Direct Lending
