Asset-backed lending: Private credit’s next frontier
Asset-based lending (ABL) is the US$20 trillion next frontier of private credit, and it’s growing, as very high-quality assets leave the banking system and head into the hands of private lenders.
Asset-based lending (ABL) is the US$20 trillion next frontier of private credit, and it’s growing, as very high-quality assets leave the banking system and head into the hands of private lenders.
At The Inside Network’s Alternatives Symposium, Kyle McCarthy and David Lewis encouraged investors to define private credit very broadly to reap the benefits of diversification and strong risk-adjusted returns.