Nothing about the old house on Haverford Station Road, just outside of Philadelphia, hints at the new fortunes that have run through it.
But in 2024, the business then based in this quaint four-bedroom colonial graded more than 3,000 investments that were all destined for the same place: the fast-growing market in private credit. Each was assigned a credit rating to gauge the risks for investors.
What makes this figure more remarkable — and raises concern among financial experts — is that this business,
How little Egan-Jones became an outsize player in ...