Europe to set first major rules for private credit funds
Mint Mumbai|February 20, 2024
Private credit funds for professional investors are stricter rules under a European Union (EU) proposal slated for approval this week, as their growth has fuelled questions about potential risks.
Europe to set first major rules for private credit funds

EU governments are set to sign off on a regulatory update for managers of alternative investments such as direct lenders. It includes caps on leverage the use of borrowed money to juice returns-for private credit funds and other restrictions that the industry warns will be onerous.

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