alt Hacker NewsWhat does this typically look like? Who is the intermediary here between the bank and corporate borrowers - are these buy side created SPVs?
What does this typically look like? Who is the intermediary here between the bank and corporate borrowers - are these buy side created SPVs?
> Who is the intermediary
Business development companies [0]. Blue Owl. BlackRock [1].
> are these buy side created SPVs?
Great question! Not always [2].
[0] https://www.reuters.com/business/finance/private-credit-fund...
[1] https://www.blackrock.com/corporate/newsroom/press-releases/...
[2] https://www.datacenterdynamics.com/en/news/meta-secures-30bn...