Private Credit Fund Touts Quick Profit Buying Debt at 65 Cents

Private Credit Fund Touts Quick Profit Buying Debt at 65 Cents

A New Mountain Capital private credit fund that sold almost half-a-billion-dollars of assets at a discount earlier this year and used some of the cash to scoop up beaten-down loans says the strategy is already paying off.

Original Source

Read the full article at Bloomberg →

KhanList aggregates and links to publicly available news content. We do not host full articles from third-party sources. Always verify important information with original sources.