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Benzinga
Benzinga
Business
Caroline Ryan

Why Investors Pay Premiums for Some Private Credit Lenders — And Deep Discounts for Others

Raymond James Financial

As private credit has grown into a roughly $1.8 trillion asset class, one question has become increasingly difficult for investors to answer: which lenders are actually outperforming, and which are simply benefiting from an opaque market?

Publicly traded business development companies (BDCs) offer one of the few real-time windows into how investors are valuing private credit exposure.

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