Private credit has grown at a significant pace of late and has created new opportunities within the alternative investments industry. The asset class has filled a gap vacated by the banking sector following the clampdowns on lending caused by the 2008 financial crisis. A decade of ultra-low central bank interest rates — now starting to unwind — was also a factor.
Socium Fund Services’ Chief Revenue and Strategy Officer, Jason Meklinsky, shares his top 5 outlooks for private credit in 2024 and what it means for the alternative investments industry with WealthBriefing.