Private Credit Valuations Worry World’s Financial Watchdogs
- SEC, ECB and IMF regulators spoke at Bloomberg panel Tuesday
- Agencies concerned about systemic risk, redemption issues
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Top financial regulators around the globe are voicing concern about private credit valuations, whether lenders are hiding troubled loans, and the deep entanglement between private markets and insurance money.
“Valuation risks are where we see a core issue,” Andrew Dean, the co-chief of the Division of Enforcement Asset Management at the US Securities and Exchange Commission, said during a Bloomberg regulatory forum in New York City on Tuesday.