Royce Stone Capital CEO Warns of 'Cracks' in $3 Trillion Private Credit Market; Urges Shift to Direct Asset-Backed Models
PR Newswire —
MELBOURNE, Australia, Feb. 13, 2026 /PRNewswire/ -- As the global private credit market continues to expand beyond an estimated $3 trillion, structural changes within the sector have become more visible, including broader use of payment-in-kind (PIK) interest and evolving lending...