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You Missed It: The World's Largest Alternative Asset Manager,Blackstone, Believes The Private Credit Market Could Surge 20x To $25 TRILLION 🤯
Speaking to Bloomberg, Blackstone's CIO outlined 3 'generational' trends driving this growth:
1) Higher base rates, equity like returns with credit risk.
2) The secular shift from banks to private credit providers.
3) The proliferation of strategies to access the private cred...