Private Credit’s Unthinkable Becomes Reality as Trading Revs Up

Private credit managers are increasingly turning to the once-unthinkable: Trading in and out of loans to dump troubled assets and hunt for bargains amid the industry’s first stress test after...

By Ellen DiMauro, Olivia Fishlow · Bloomberg Markets

Private credit managers are increasingly turning to the once-unthinkable: Trading in and out of loans to dump troubled assets and hunt for bargains amid the industry’s first stress test after years of breakneck growth.