Register For Our Mailing List

Register to receive our free weekly newsletter including editorials.

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

  •   12 February 2024
  •      
  •   

 

Leave a Comment:

banner

Sponsors

Alliances

© 2025 Morningstar, Inc. All rights reserved.

Disclaimer
The data, research and opinions provided here are for information purposes; are not an offer to buy or sell a security; and are not warranted to be correct, complete or accurate. Morningstar, its affiliates, and third-party content providers are not responsible for any investment decisions, damages or losses resulting from, or related to, the data and analyses or their use. To the extent any content is general advice, it has been prepared for clients of Morningstar Australasia Pty Ltd (ABN: 95 090 665 544, AFSL: 240892), without reference to your financial objectives, situation or needs. For more information refer to our Financial Services Guide. You should consider the advice in light of these matters and if applicable, the relevant Product Disclosure Statement before making any decision to invest. Past performance does not necessarily indicate a financial product’s future performance. To obtain advice tailored to your situation, contact a professional financial adviser. Articles are current as at date of publication.
This website contains information and opinions provided by third parties. Inclusion of this information does not necessarily represent Morningstar’s positions, strategies or opinions and should not be considered an endorsement by Morningstar.