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21 November 2024

Home / White Papers 2024

Private Credit Is gaining steam - Where do we go from here

LOUAY MIKDASHI, Head of Multi-Sector Private Credit
JONATHAN SHAHRABANI, Chief Operating Officer, Global Research Strategies, Senior Research Analyst, Financials

A vast menu of private credit arrangements now finance nearly every aspect of the real economy.

As traditional lenders retrenched in the wake of the Great Financial Crisis and, more recently, a spate of regional bank failures, suppliers of private credit have increasingly filled the vacuum. Today, private credit—in its myriad forms—is no longer just an intriguing alternative asset class, but arguably a foundational pillar of the financial system.

This paper discusses the remarkable rise of private credit; the factors that, in our view, will shape its evolution; and its potential to continue delivering attractive risk-adjusted returns for selective investors.

Download the full paper


 

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