Huw Van Steenis: Is The Boom In Private Credit Losing Steam?

Huw van Steenis, Vice Chair, discusses in the Financial Times the state of the private credit market and the macro economy it operates in. Huw highlights that leading players look to partner with banks rather than be their adversaries.

Huw writes that “speciality finance lending looks a promising new seam for private credit companies to mine. One attraction of this market — worth $5.5tn in the US alone on Oliver Wyman estimates and which includes equipment leases, trade finance and royalty agreements — is greater diversification and the specialist skills required.”

Real the full article here (paywall).