2025 Private Credit Market Outlook: A Tripartite Series
Private credit is a rapidly expanding sector that has grown nearly tenfold, reaching at least $1.5 trillion in 2024. In our 2025 Private Credit Market Outlook: A Tripartite Series, we discuss key topics regarding this rapidly transforming asset class. Part I, Private Credit Market Trends: From Originations to Bank Partnerships and Insurance, available here, features:

  • trends in private credit,
  • the evolving roles of banks, including bank partnerships,
  • use of rated note feeders by the insurance market, and
  • liability management in private credit.

Next: Part II will focus on private credit in M&A and infrastructure. The series will conclude in Part III with private credit fundraising and retail funds.