Private credit investing recent regulatory developments in

Recent regulatory developments in private credit investing, including Basel III implications, are reshaping bank-equity valuations, as capital shifts toward non-bank lenders. Jeff Prosserman, the CEO of Voltpost, which installs chargers that are integrated into streetlights, said his company has yet to receive any formal update on several CFI awards it received in January. The uncertainty, he said, is weighing on the charger industry. Distressed Debt: When companies enter financial distress, they work with existing distressed debt investors to improve their prospects through operational turnarounds and balance sheet restructuring. Distressed debt is highly specialized and the prevalence of opportunities tends to coincide with economic downturns and periods of credit tightness. These lenders take on a higher level of risk in exchange for lower prices and potentially high returns. A June 2024 Bloomberg survey found 63% of fund managers plan to increase private credit investing exposure within 12 months, influencing buy-side forecasts for associated asset manager stocks.