Private Credit Coming for Asset-Based Finance, Blackstone’s Rob Camacho Says

Private credit lenders are just getting started in the world of consumer and asset based finance, according to Rob Camacho, Blackstone Inc.’s co-head of asset based finance within the firm’s Structured Finance Group.

“Today, we are a very small portion of the whole asset based finance market,” he said in an interview. “There’s a lot of room to run.”