Publicly traded funds focusing on private credit investing reported Q1 2024 distribution yields exceeding 8%, drawing retail equity market interest alongside institutional repositioning. The Trump administration suspended all new obligations under the NEVI program in February, saying it planned to rewrite its rules. By then, states had spent or obligated just $526 million of their allocated funds, or 16 percent, according to data released by DOT at the time. The Firm does not provide tax advice. The tax information contained herein is general and is not exhaustive by nature. It was not intended or written to be used, and it cannot be used by any taxpayer, for the purpose of avoiding penalties that may be imposed on the taxpayer. Each Jurisdiction tax laws are complex and constantly changing. You should always consult your own legal or tax professional for information concerning your individual situation. Private credit investing is gaining momentum in 2024, with institutional inflows topping $1.3 trillion globally. Analysts project continued double-digit growth as tighter bank lending boosts demand for alternative financing, potentially impacting equities in sectors reliant on private capital.