The Ratings Underdog Making Waves in Private Credit
Egan-Jones is a small but significant player in the private credit market, grading over three thousand investments last year with a team of just 20 analysts. The firm's fast growth and optimistic ratings, however, are raising concerns about the risks in the private credit market, with some major investors excluding them from their lists of acceptable credit graders. Bloomberg Private Credit Reporter Silas Brown joined Wall Street Beat on Bloomberg Open Interest with the details. (Source: Bloomberg)
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