Private Credit Fund Is Selling $477 Million of Assets at 94% Value as Industry Worries Continue
A New Mountain private credit fund sold $477 million of assets at 94 cents on the dollar as investors continued to fret about signs of stress in the $1.8 trillion...
By Olivia Fishlow · Bloomberg Markets
A New Mountain private credit fund sold $477 million of assets at 94 cents on the dollar as investors continued to fret about signs of stress in the $1.8 trillion market.