Private Credit’s Ascent Has Generally Not Come at the Expense of Broadly Syndicated Loans

Growth in private credit and broadly syndicated loan markets (US$ billion)

Source: Source: Federal Reserve Note, “Private Credit: Characteristics and Risks” as of 23 February 2024 (underlying data from Preqin); and Pitchbook as of 31 March 2024 (BSLs). Private credit figures include invested capital and dry powder; *2023 data in charts for private credit as of 30 September 2023. 2023 data for broadly syndicated loans as of 31 December 2023 - Tropeainvest Ltd. Research TeamGet the dataCreated with Datawrapper