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Private Credit Funds with No Skin in Game a Worry
- smcin 2y agoArchive: https://archive.ph/j77EI https://archive.ph/j77EI
- smcin 2y agoPrevious related: - 4/2024 "Flawed Valuations Threaten $1.7T Private Credit Boom" https://news.ycombinator.com/item?id=39539125 https://news.ycombinator.com/item?id=39539125 - 5/2024 "Financiers fret over 'leverage on leverage' in private credit" https://news.ycombinator.com/item?id=40329523 https://news.ycombinator.com/item?id=40329523 - 5/2024 "Banks Want in on Private Credit" https://news.ycombinator.com/item?id=40457696 https://news.ycombinator.com/item?id=40457696
- smcin 2y agoDrink a shot if you've heard this before: > The EBA [European Banking Authority] is concerned that off-balance sheet exposures could become a problem for banks if large non banks need to access credit lines simultaneously.