Private as in private (i.e. non-public) corporation, not as in individual/retail/natural person borrowers.
That’s not what it means though. It’s done through a partnership. Or not, if we count Business Development Companies as “private credit” - but then they are not usually private corporations either.
That’s not what it means though. It’s done through a partnership. Or not, if we count Business Development Companies as “private credit” - but then they are not usually private corporations either.