‘Accidents waiting to happen’ in private credit

 The £37.6bn Wellcome Trust’s Nick Moakes told the Financial Times that big investors in such funds could suffer “very substantial” losses if the US economy eventually falls into recession.

Financial Times 14 January 2025

https://www.ft.com/content/62a40125-0f58-4855-b443-f3385c16a604


Plender - As the IMF has warned, the rise and rise of private credit brings systemic risks

https://englundmacro.blogspot.com/2025/01/plender-as-imf-has-warned-rise-and-rise.html


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