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Private Credit Fund Touts Quick Profit Buying Debt at 65 Cents
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Private Credit Fund Touts Quick Profit Buying Debt at 65 Cents

Bloomberg Markets · May 5, 2026, 11:31 PM · Also reported by 3 other sources

A New Mountain Capital private credit fund that sold almost half-a-billion-dollars of assets at a discount earlier this year and used some of the cash to scoop up beaten-down loans says the strategy is already paying off.

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