U.S. Banks’ Direct Exposure to Private Credit Growing; Poses Limited Risks for Now
Private credit has expanded rapidly, but sizing the market is challenging given limited transparency. In its ‘Private Debt 2025’ report, Preqin sized the global private credit market at $1.6 trillion in AUM at year-end 2024 and projects that it will increase to $2.7 trillion by 2029.
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