The current #AI #datacentre #buildingboom, driven by the increasing demand for #computingpower, has led to substantial #capitalexpenditure by tech companies. The involvement of private #creditfunds, which borrow from #banks, adds to the risk, as a bust in private credit could impact bank balance…

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Akin advised 400 Capital Management in the closing of its private credit fund, with a total of $1.39 billion committed capital, surpassing its initial target of $1 billion.

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