Deals
Nomura Is Building a $1 Billion Strategy for Private Credit
- Japanese bank is joining increasingly competitive market
- Plans to lend to leveraged companies from its balance sheet
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Nomura Holdings Inc. is developing a global strategy to compete in the $1.6 trillion world of private credit, people with knowledge of the matter said.
The Japanese bank is looking to put down $1 billion from its own balance sheet over the next 18 months to participate on private lending deals, rivaling firms such as Blackstone Inc. and Ares Management Corp., said the people, who aren’t authorized to speak publicly.