ASK plans to raise up to $122 million for private credit

Private credit - where investors like pension funds lend directly to companies — is one of hottest asset classes globally, with the global stock of loans growing rapidly to $1.5 trillion, according to financial data provider Preqin Ltd. The loans typically feature floating interest rates, which means investors get paid more when rates rise.

from Moneycontrol Business News https://ift.tt/Rm1qCas