The opaque world of private credit pulls in more Kiwi investors
ANALYSIS: As New Zealand investors and borrowers get comfortable with the asset class, concerns are growing across the Tasman.
WATCH: NBR senior journalist Fiona Rotherham speaks with Simon Shepherd.
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Private credit is booming worldwide and New Zealand is no exception.
The International Monetary Fund (IMF) estimates the global private credit market topped US$2.1 trillion ($3.67tr) last year and it is forecast to reach US$3.5t by the end of 2028.
Private credit, also known as private debt, refers
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