Improved company health shrinks deal landscape; domestic competition heats up
Ares Management, Farallon Capital and Cerberus Capital all participated in last year’s $3.3 billion Shapoorji Pallonji private credit deal. (Nikkei montage/Source photos by Company website)
BENGALURU — Global investors are struggling to find opportunities in India’s fast-growing private credit market as currency and tax issues as well as rising domestic competition push them toward big-value, high-yielding deals, even as such prospects become scarcer.