Challenging notions of secrecy
Read the column from Jiri Krol of the Alternative Credit Council here
The Managed Funds Association has defended private credit against claims that it is guilty of a lack of transparency.
One of the most contentious aspects of private credit is transparency – whether deserved or not, a perceived lack of it is something that has caught regulatory attention. However, a new white paper posted by Washington-based industry body the Managed Funds Association argues against the common notion that private credit, especially direct lending, is something that takes place in the shadows.