Description

An introduction to private credit, explaining how it works, why it has grown rapidly since 2008, and what drives its appeal to borrowers and investors. It covers the key features of private credit deals, the difference between sponsored and non-sponsored transactions, and provides an overview of the main strategies, including their purpose and risk-return profiles.

Learning Objectives

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1. Determine what private credit is.
2. Identify the drivers of private credit.
3. Identify the characteristics of private credit.
4. Differentiate between sponsored and non-sponsored.
5. Identify private credit strategies.