Convergence Underway Across Public, Private Markets Investors have historically accessed CRE credit exposure through either private lending or public market vehicles such as commercial

For Europe, imported natural gas typically fills the gap. But the war in Iran and the closure of the Strait of Hormuz have pushed

Quality opportunities also extend to fallen angels—formerly investment-grade securities downgraded into the high-yield universe. Rating agency activity has skewed to the downside, with downgrades