Private credit is in a sweet spot at the moment, with return-hungry investors boosting demand for high-yielding products and regulatory restraints forcing banks out of riskier lending.
The private credit boom is proving lucrative for global alternative asset managers like KKR, Blackstone and Ares, which are reaping big returns. In Australia, the players might be different but the dynamics are similar, but with just a few big players dominating private credit dealflow.
One of them is Tanarra Credit Partners, the direct lending arm of the John Wylie-led investment firm which manages $3 billion for super funds and other investors.
Read the Capital Brief article
