Investment banks like Goldman Sachs and JPMorgan are helping hedge funds short private credit market by creating baskets of exposed listed companies. This allows hedge funds to bet against the $1.8 trillion private credit space. The goal is to offer a way for clients to profit from potential market downturns.
Source: https://www.bloomberg.com/news/articles/2026-03-19/jpmorgan-goldman-offer-hedge-funds-way-to-short-private-credit