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It’s a lot like the 2008-2009 financial crisis, except when it isn’t. Searching for comparisons to help map a trajectory out of the economic doldrums created by COVID-19 is only natural (and prudent), but the nature, speed and scope of the crisis presents a different and more complex challenge than a decade ago, especially for private debt. 

Preqin, a UK-based data and analytics company that tracks the alternative asset community, released a report in late May outlining the lessons it feels should be learned by the private debt market during the pandemic. 

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Patrick Smith

Patrick Smith, based in New York, covers the business of law, including the ways law firms compete for clients and talent, cannabis law and marketing innovation. Reach him at [email protected] or on Twitter at @nycpatrickd

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