DBRS Morningstar: Symbiotic Growth - Private Debt Fuels Alternative Asset Managers’ Expansion
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Summary
DBRS, Inc. (DBRS Morningstar) published a commentary reviewing how private debt has influenced the expansion of alternative asset managers. In a symbiotic expansion, the growing demand for private debt is fueling the expansion of alternative asset managers. By broadening their capabilities, these managers are encouraging borrowers to utilize these new sources of debt.