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Tsao family office CEO flags private credit's systemic risks

Nishtha Asthana
The Singapore family office hasn't abandoned the booming asset class but slipping covenant standards are a growing concern.
Tsao family office CEO flags private credit's systemic risks

Global private credit has surged in recent years, attracting investors seeking yield amid tighter bank lending and shifting interest rate expectations. Yet the market is far from uniform, spanning a wide spectrum of strategies with very different risk profiles, according to Bryan Goh, chief executive officer of the Tsao Family Office in Singapore.

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