Mitsubishi UFJ Financial Group (MUFG) is in discussions to offload risk linked to around $2bn of loans tied to private credit funds, in a move that highlights how global banks are seeking to manage growing exposure to the sector, according to a report by the Financial Times.
The report cites unnamed people familiar with the matter as highlighting that the Japanese lender is pitching institutional investors on a risk-transfer structure covering roughly $200m, backed by a wider portfolio of credit...
Continue Reading
Sign up for FREE to read the full article and access 131K+ alternative investment headlines.