The next era of private credit

October 1, 2024

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