“We’ve always been focused on the disintermediation of the banks,” Ostrover said at the CAIS Alternative Investment Summit in Beverly Hills on Tuesday. “Whether it’s equipment, rail, aerospace, consumer funding, the total addressable market is way bigger than the private credit market.”
Asset-based finance, a type of financing that is backed by a pool of assets such as mortgages or consumer loans, has become a key area of growth ...
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