One of the drawbacks for the private credit lender in a public-to-private transaction is that their deal terms get published. Yippee! 

It’s publicly available (Hyve, Medica and Sureserve), but still, it’s too tempting not to do a side-by-side comparison when you have this rare level of market transparency. 

So scroll down to compare and contrast what three new 2023 P2P private credit entrants have offered their borrowers: Hayfin, Barings and Pemberton Asset Management: