Note: How to Tell If a Private Loan Portfolio Is a Good Investment

Since it began a decade ago, private credit has grown into a $1.7 trillion market. Institutional investors have generally been early adopters, but there are a growing number of credit products available to financial advisors and their high-net-worth clients.

But as new investors rush into the private credit market, caution is in order. The question is how an advisor should approach private credit, given that it has experienced a period of sustained growth, much of it lasting…