This chapter examines the rising interest of hedge funds in the private credit market, driven by investors seeking higher returns. It highlights both new entrants like Third Point and Millennium Management, as well as the success of established players, showcasing private credit's appeal in today's financial landscape.
Hedge funds are making a bold push into the private credit arena, lured by the promise of higher returns. However, new territory is not without its hurdles, as these funds navigate a landscape already populated by established players.
In this episode of Cloud 9fin private credit reporter Peter Benson and senior private credit reporter Shubham Saharan discuss the complexities of this market shift and the different strategies hedge funds are using to gain a foothold in private credit.