Blackrock Exclusive: Private Credit Outlook Confirmed

Significant shifts are occurring in the US financial markets, with implications for both banks and private credit funds, according to asset manager BlackRock Inc.

In a recently published report, BlackRock Investment Institute highlighted the movement of cash from bank accounts to money-market funds as a factor that could reduce banks’ capacity to finance small and mid-size firms.

The report points out that banks may need to offer higher interest rates to