"Private Credit" ♻️100% - Agreeance!! ♻️Individuals and/or firms that can confidently and integrally move away from the "traditional" means of lending, the constraints the banks hold on customers, the terms pushed onto the customer, and the "control", modern-day traditional lenders have on that same customer, will indeed push inflows into the Private Credit space! However, as stated by Eddie, the access into this space will eventually need identification & direction to supplement demand of the space! Big banks, have ruled too long, only to keep more & more money of the customer than is needed for the service these banks provided! ♻️Banks, were a great "holding place of cash", in the "old-days", but now the interest rates on cash held, is not even sufficient to cover inflation rates, fee's, and account costs. (The banks take & take & take, and offer up nothing in return)!! #banks #lenders #privatecredit #interest #interestrates #financial #privateequity #privaterealestate #financialinstitutions #bank #business #companies #loans #mortgage #mortgagerates #terms #pay #inflation #inflationrates #bankfees #fees #accounts #GMHI_Media_Co #GMHI_Trade_Co
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In Case You Missed It: The World's Largest Alternative Asset Manager, Blackstone, Believes The Private Credit Market Could Surge 20x To $25 TRILLION 🤯 Speaking to Bloomberg, Blackstone's CIO outlined 3 'generational' trends driving this growth: 1) Higher base rates, equity like returns with credit risk. 2) The secular shift from banks to private credit providers. 3) The proliferation of strategies to access the private credit opportunity. To put this into perspective, the private credit market today is only $1.7 trillion today. But if you think $25 trillion is a big number. Apollo Global Management, Inc. views the private credit opportunity at $40 trillion, with the majority being investment-grade. The growth of the private credit market is likely to be an extremely hot theme over the coming decades. Exponential.
