In recent times, it has not been hard to find an article or academic study, often with a sensationalistic headline or title, about the PE subscription credit lines (SCLs).
The latest that I have read and would reference here is on Institutional Investor. The article references a recent study (link available here) by BlackRock and the Technical University of Munich and discusses the impact and the growing use of credit facilities in PE funds.
On this topic, I would like to share a couple of thoughts.
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