Relations (1)
related 2.58 — strongly supporting 1 fact
Private credit is explicitly categorized as a type of alternative investment by financial institutions and wealth management firms, as evidenced by [1], [2], [3], and [4]. Furthermore, [5] demonstrates the practical application of this relationship, where private credit is utilized as a specific component within an alternative investment allocation strategy.
Facts (1)
Sources
Alternative Investments: Strategies, Solutions, & Services privatebank.bankofamerica.com 1 fact
claimBank of America Private Bank defines alternative investments as a category that expands financial strategies beyond traditional stocks and bonds, including hedge strategies, private equity, private credit, and real assets.