BlackRock Guards the Gates
HLEND, is anti-ESG securities fraud, AI/consulting synergies and everything is she-curities fraud.
“Private credit” means raising money from long-term locked-up investors and using their money to make loans to companies. The fact that the investors in private credit funds have their money locked up is not incidental; it is the point of private credit. Because the investors’ money is locked up:
Everything about private credit — its systemic safety, its light regulation, its go-anywhere investing approach, its high returns — flows from the fact that the investors can’t get their money back whenever they want.