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The private credit boom

Unhedged

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Introduction

Since the 2008 financial crisis, there have been a lot of bank regulations. So finance activities moved from the banks to things that are not banks. One particularly fast-growing part of the non-bank sector is private credit. Blackstone just today had a big milestone, $1 trillion in assets under management. It's got a lot of people asking, what's private credit again? Today on the show, we'll tell you.

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