Private markets outlook: Refilling the glass
More of our insights
Private credit is a small fraction of the U.S. credit market
In contrast to the headlines, the primary story in private credit is the change in market share, not the change in market size.
Private markets outlook: Refilling the glass
Our experts examine private markets and the outlooks for private equity, private credit and commercial real estate in 2025.
U.S. middle market shows notably strong top-line growth
Private middle market firms continue to power the U.S. economy, driving higher revenue growth than that of small and large cap firms.
Mapping the markets: Q4 2024
Our Investment Research team compiled their best charts and latest market analysis across macroeconomics, public markets and private market strategies to help our clients map today’s markets.
Private credit yields remain attractive despite Fed rate cuts
Real yields on private credit could remain in their top historical quartile even if the Fed cuts another 75 basis points as markets expect.
Direct lending volume grows amid increased LBO activity
Private credit has increasingly become the preferred source of financing for PE sponsors, with direct lending volume jumping 60% over last year’s level.
