Carlyle is weighing entry into private credit market in India

Private credit has grown in prominence globally as money managers lend directly to companies as banks step back. The potential expansion would see Carlyle join global firms seeking to expand their lending in India. Carlyle, which began as a private equity investor, has built out private credit in recent years. Overall, credit assets account for about 39% of the firm’s $381 billion assets under management, according to an investor presentation as of March 31.

from Banking/Finance-Industry-Economic Times https://ift.tt/1FQebfp