Private Credit FoF?
Thoughts on a private credit FOFs role? Seems like a really interesting career path with lots of runway. For people who are in it, what is it like and what is comp?
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I'm ignorant on the subject but are there really that many firms in this area? Private credit is already a low(er) returning area vs. PE and then adding a layer of fees on top further compresses returns.
Good question. I read Apollo raised a fund recently on private credit secondaries, so they must be bullish on it.
I think Ares also is in it
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