Private credit is lending by non-bank funds directly to companies through negotiated loans that are usually not publicly traded. The Financial Stability Board…
The 2008 crisis was a bank-credit and securitisation crisis. Post-crisis regulation raised bank capital, liquidity and risk-management requirements, making some credit m…
Private-equity growth, low interest rates and institutional demand for yield supported the expansion of direct lending, with private funds increasingly financing buyout…
Very low rates and large refinancing markets accelerated private-credit growth, with the market moving into larger corporate deals and asset-backed finance such as equip…
Rapid rate rises boosted lender income on floating-rate private-credit loans but also raised borrower debt-service burdens. A slower private-equity exit environment incr…
International bodies including the IMF and the Financial Stability Board devoted major analysis to the rise and risks of private credit, focusing on borrower leverage, v…
On 17 February 2026 the Basel Committee estimated about 750 billion euros of bank assets protected by SRTs across Canada, the euro area, the US and the UK, roughly 1.1 p…
The IMF cited a direct-lending universe of about $2 trillion, with roughly 15 percent in semi-liquid structures, noted accelerating redemptions and signs of more borrowe…
On 6 May 2026 the FSB estimated the market at $1.5-$2 trillion at end-2024, captured about $220 billion of drawn and undrawn bank credit lines to funds, noted commercial…
A Reuters analysis of 44 US business development companies found the aggregate fair-value-to-cost ratio fell from 99.25 percent at end-2025 to 97.57 percent by mid-2026,…
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