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IPFS News Link • Central Banks/Banking

Big Banks Are Copying From Private Credit's Playbook

• Bloomberg

On the surface, it was your run-of-the-mill private credit deal. A bunch of heavy hitters in the industry — Oak Hill Advisors, Antares Capital and Golub Capital — were providing half-a-billion dollars to fund the buyout of an engineering firm. But at the end of the list of lenders was a name that caught the eye — a small, upstart player in the world of direct lending: JPMorgan Chase & Co.

Anarchapulco June 2024