The private debt market is around $23tr, but only 6% is currently served by private credit managers.
Banks are serving ever-larger borrowers, leaving a hole in the middle-market for private market lenders.
The high yield market took off when participants agreed standards.
Blackstone Green Private Credit Fund III is the largest energy transition private credit fund ever raised.
The traditional liquidity path of going public is becoming more elusive.
Most respondents in BlackRock’s Global Private Market Survey plan to increase private credit holdings.
Private funds have nearly tripled in size in the last decade.
Aumni solidifies J.P. Morgan’s commitment to building the leading private markets platform.
There is demand from private markets for more scalable and digitalised solutions.
