HPS Investment Partners LLC is leading a group of lenders providing about £800 million ($1 billion) of private credit to Ocorian Ltd., an investment management business backed by Inflexion Plc, people ...
Unlike traditional fixed-income products like bonds or debt mutual funds, private credit typically offers IRRs that are 4-6 percent higher, creating a more attractive risk-reward dynamic.
Banks with lower credit strength had a larger ratio of loans to private credit, a trend that could raise credit risks for smaller banks pursuing “aggressive expansion” with less robust risk management ...