These Bank Alternatives Can Keep Cash Rolling In

June 1, 2023 by Telis Demos

Like banks, nonbank investment giants are also subject to funding worries—just in different forms, and not to the same degree. That is a big reason these firms might continue to outperform their deposit-taking peers.

Alternative-asset managers of private-equity and private-debt funds such as Apollo Global Management, and Blackstone KKR & Co. appear poised to capitalize on recent disruptions in banking. Private credit-backed buyouts jumped last year, and some managers have recently said they are looking at picking up the lending slack from regional banks.

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Originally Posted at The Wall Street Journal on May 29, 2023 by Telis Demos.