Tick, tock, bust?
Can private credit sustain its allure amid rising concerns?
The asset class has grown on a global level from $280bn in assets under management in 2007 to $1.5trn in 2022, according to PitchBook.
But as private credit has captured market share, it has also attracted negative publicity, with critics calling it a ticking timebomb for the economy; regulators have warned that the strategy poses a risk due to potentially risky lending practices and the lack of transparency among private credit funds.
Real Deals' Taku Dzimwasha investigates in our top story below.
Special thanks to:
- Tom Weedall, managing director of Blazehill Capital
- Antoine Lourtau, partner at Park Square Capital
- Eric Capp, partner, head of origination and co-head of direct lending at Pemberton
- Marcus Maier-Krug, partner and co-head of portfolio management at Arcmont Asset Management
Xhulio Ismalaj
Reporter
xhulio.ismalaj@realdealsmedia.com