What Is Private Credit And What’s Driving Its Momentum?

Private credit, a form of lending that provides financing to business entities by nonbank lenders, is becoming increasingly seen as an attractive asset class for investors. The growth in recent years has been substantial, with Morgan Stanley reporting, “the size of the private credit market at the start of 2024 was approximately $1.5 trillion, compared to approximately $1 trillion in 2020, and is estimated to grow to $2.8 trillion by 2028.”

You can read our article in Forbes here: https://www.forbes.com/councils/forbesfinancecouncil/2024/11/05/what-is-private-credit-and-whats-driving-its-momentum/