Fund finance market surpasses $1 trillion driven by private credit growth

13 articles · Updated · Bloomberg · Apr 27

Moody's Ratings reports that investment vehicles borrowed extensively last year to manage liquidity and bridge delayed exits, pushing the market over $1 trillion.
The sector now lends to the $16 trillion global private credit and equity funds market, with nonbank lenders like insurers increasingly participating.
This expansion of the lending base has fueled further private credit growth, highlighting the evolving dynamics and scale of fund finance in global markets.

Are major banks overexposed with $1 trillion in unfunded commitments to private credit?

Is asset-backed finance the next trillion-dollar frontier for private credit?

Is the $3 trillion private credit market the next 'shadow banking' crisis in the making?

With private equity exits stalled, is fund finance just a temporary patch on a liquidity crisis?

As private credit targets 401(k)s, are everyday investors walking into a liquidity trap?

Will AI's disruption of the software industry trigger the first major private credit downturn?