Private Credit set for major growth and new investor types

Moody’s Talks – Behind the Bonds

Moody’s first Private Credit Outlook predicts that this market will double by 2028 to more than $3 trillion of assets under management. Private credit should benefit from more volatile market conditions and from innovation which is attracting new kinds of customer but also generating new risks.

Later in the episode, we look in depth at the surge in retail investor involvement in private credit.

Guests: Marc Pinto, Managing Director, Corporate Finance Group, Moody’s Ratings; Christina Padgett, Associate Managing Director, Corporate Finance Group, Moody’s Ratings; and Alexandra Aspioti, Senior Analyst, Corporate Finance Group, Moody’s Ratings

Host: Tania Hall, Senior Research Writer, Moody’s Ratings

To read more on this topic, visit Behind The Bonds page on Moodys.com (some content only available to registered users or subscribers).

Related research:

• Private Credit — Global: 2025 Outlook – Primed for growth as LBOs revive, ABF opportunities accelerate
• Financial Institutions – Europe: Revamped ELTIF legislation unlocks growth for the European private credit market
• Business Development Companies – US: Q3 2024 Update: Rate cuts will further erode net investment income; rise in nonaccruals pauses
• Financial Institutions – North America: Private credit ETFs will use public credit for liquidity, a potential performance challenge