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Tag Archives: Business Development Companies

Jan 20, 2026

The Rapid Rise of Private Credit and the Expanding Role of BDCs

The Rapid Growth of Private Credit Private credit, broadly defined as non-bank lending directly to companies outside traditional public markets, has seen remarkable growth over the past decade (see Exhibit 1). This segment of finance includes direct loans, mezzanine debt and other debt instruments extended primarily to middle-market companies with annual revenues between USD 10…

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Mar 24, 2025

The Future of Private Credit

In recent blogs we examined why private credit has been growing, as well as the potential opportunities and risks associated with the asset class. Now, we turn to the future of this evolving market, examining the trends shaping its growth, the role of institutional investors and how private credit may continue to develop as a…

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