Private Credit Has Quietly Outgrown Banks and These 3 ETFs Track the $1.5 Trillion Market Yielding Up to 12 Percent

Private credit has grown into a $1.5 trillion-plus asset class and now extends more middle-market loans than the regional banking system. The article highlights the scale and rising importance of private credit in lending markets, with implications for banks and credit allocation. The tone is factual and market-structure oriented rather than event-driven.

Analysis

Private credit has grown into a $1.5 trillion-plus asset class and now extends more middle-market loans than the regional banking system. The article highlights the scale and rising importance of private credit in lending markets, with implications for banks and credit allocation. The tone is factual and market-structure oriented rather than event-driven.