� Goldman and JPMorgan offer bets against $1.8T private credit market

Goldman Sachs and JPMorgan are offering hedge funds ways to short the $1.8T private credit market. The products are based on baskets of listed companies with exposure to the sector.

Goldman built several indices, including European financial firms, business development companies, and alternative asset managers. JPMorgan’s basket also focuses on alternatives managers and BDCs, with options to invest directly in the indices.

The move comes as private credit faces redemptions. Concerns are rising around exposure to software companies, where AI is reshaping the market.

Wall Street is starting to package downside exposure to private credit.

@venture