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Rising competition changes market dynamics in private credit secondaries
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Rising competition changes market dynamics in private credit secondaries
An influx of new players into the private credit secondaries market has changed competitive dynamics, according to Fabian Körzendörfer, partner at StepStone. With around $65bn (£48.4bn) of capital and deploying $12bn each year, StepStone is a quiet giant in private credit, and a major player in particular in co-investments and secondaries. Körzendörfer sits within the […] The post Rising competition changes market dynamics in private credit seco…
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