Private credit is growing fast! Alternative lending is reshaping finance.

Non-bank lending by investors, hedge funds & private equity.

[{"selector":"#anim-41525005-719c-424a-9d58-83473539a73a [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(7.812499744007886%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-5947b38f-310e-4866-97ff-0e02d4cd2f69","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-cfe65022-8b4c-4bd4-9c9c-8f78f7f6e587","keyframes":{"transform":["translate3d(100.55248%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

Pension funds & insurers seek higher returns.

[{"selector":"#anim-59ef81de-537b-4729-bbc3-bee85c80f7ba","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f2ed2998-e805-49e0-bfe0-2f068d39d619","keyframes":{"transform":["translate3d(100.55248%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

LBOs & acquisitions increasingly use private lenders.

[{"selector":"#anim-e08b0840-b993-4b54-b8e3-d071e25d60cb","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-fc3b7857-811b-4f6a-9dd0-fa9c0f2a8fde","keyframes":{"transform":["translate3d(115.14195%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

Regulations tighten, private credit steps in.

[{"selector":"#anim-38532ea2-edee-413f-8412-737587bf5bd0","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3cbeb02e-a455-4d56-ae24-d21d2566e2ce","keyframes":{"transform":["translate3d(-114.8265%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-62354ff0-8cf5-4247-b6a2-b3e9a7106c67 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(7.201086696819595%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}]

Middle-market firms get capital fast.

[{"selector":"#anim-a43d0b6b-8548-491e-8262-d768dd0d5985","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-2a206ad1-6f72-4d12-a91a-789f15b3cecc","keyframes":{"transform":["translate3d(115.14195%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-27d85027-2904-4b66-9cf0-e4340071017b [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(4.660661352733571%, -21.980125352469827%) scale(1.4587155963302751)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}]

Investors rescue struggling businesses with capital.

[{"selector":"#anim-85ae0b5b-3cd3-4c18-be19-5be975da9f89","keyframes":{"transform":["translate3d(-115.14196%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b027feb0-ba43-42cf-8c3e-3b93b2002286","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-443ba931-d324-4088-b4b0-b9c9b6d28a42","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] [{"selector":"#anim-d3f3993b-2376-4813-a2a6-c35ab50231e8 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-7.812499744007886%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}]

Higher rates = more returns, but pricier loans.

[{"selector":"#anim-512ce1d4-e9c7-40c8-a341-61f5f5de21ea","keyframes":{"transform":["translate3d(-115.14196%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d276e575-e000-48cd-ad71-480bd9f3b801","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-783160f7-e9d6-4a1a-b0ec-b18d0147e124","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] [{"selector":"#anim-c9a2bda3-f920-4d10-8c20-e15d9865865b [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-7.2010866968196%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}]

AI & digital platforms streamline lending.

[{"selector":"#anim-4502fea9-246c-4ceb-96b6-d81fc6f85ba6","keyframes":{"transform":["translate3d(114.82649%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9d223eaa-0c05-4511-abef-479aac2620b5","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-4c801147-b34f-44ef-8484-d374790096e4","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] [{"selector":"#anim-17e426b3-1497-4595-9263-2cd867e511ea [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(7.105427357601002e-15%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}]