Reported 23 days ago
Private credit is experiencing significant changes as challenges in the loan markets prompt firms like Vistra Equity Partners to seek new refinancing options for distressed debts instead of following traditional routes. This climate has affected asset values and refinancing capabilities, pushing private equity managers to explore innovative solutions such as continuation funds and strategic restructuring. As the private credit sector has evolved since the 2008 financial crisis, it now plays a crucial role in financial ecosystems and managing distressed assets, demonstrating agility and creativity in addressing market difficulties.
Source: YAHOO