Australia Probes Private Credit Lenders, Warns on Valuations

Australia Probes Private Credit Lenders, Warns on Valuations Australia’s corporate watchdog is investigating a number of private credit funds and warning industry managers to make sure that asset valuations are “grounded in realistic assumptions” before an end-of-month reporting deadline. “We’re absolutely 100% unequivocally ready, willing and able to use our full suite of regulatory enforcement tools,” said Simone Constant, Commissioner of the Australian Securities & Investments Commission in an interview. “It is such an important area because private credit is growing in importance in so many investors’ investment portfolios.”