Pimco's Stracke Sees Asset-Based Finance as Key Area of Growth
Pacific Investment Management Co. is building out its investments in asset-based finance to meet client demands to diversify away from more traditional areas of private credit.
'That's an area that's really picking up speed in terms of the availability of finance outside of banks,' Christian Stracke, president and global head of credit research at Pimco, said in an interview on Bloomberg TV.
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