The next era of private credit

The next era of private credit

Over the past 15 years, private credit has rapidly emerged as one of the fastest-growing sectors within the financial system. By the end of 2023, this asset class is estimated to reach nearly $2 trillion—approximately ten times its size in 2009.

Despite being a small portion of the overall fixed-income market, private financing solutions consistently outperform traditional bank and public options. McKinsey analysis indicates that the potential addressable market for private credit in the United States could exceed $30 trillion.

Source: https://www.mckinsey.com/industries/private-capital/our-insights/the-next-era-of-private-credit