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Asset-backed finance is growing fast and drawing new scrutiny

  • The asset-backed finance market is expected to top $9 trillion by 2029, according to KKR.
  • ABF involves lending against a specific asset, income stream, or loan rather than lending to a company based on its cash flow.
  • Some experts say that the flood of capital pouring into private credit and ABF strategies has resulted in lower standards and increasingly exotic assets pledged as collateral.

Source: https://www.cnbc.com/2025/12/02/asset-backed-finance-growth-scrutiny.html