Private Credit Firms Build Cash Hoards to Gain Share of $5.2 Trillion Consumer Debt Market

Private credit firms are raising billions of dollars to grab a share of the $5.2 trillion market that includes US consumer debt, seizing on a growth opportunity while the industry’s traditional lenders are in disarray. #press

https://www.bloomberg.com/news/articles/2023-08-09/private-credit-builds-cash-hoard-to-take-on-consumer-debt-market?utm_source=press.coop

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