Tools of the Trade

How It Works: Private Credit


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Private credit is a growing market—and one that may be a little mysterious to listeners. Mayer Brown partners Matt O'Meara, who leads the Firm's Private Credit practice, and Andy Kolacki help distinguish private credit from public-market bank debt (02:00). The guests talk about the "limitless" nature of the private credit market, which has grown to around $1.7 trillion in outstanding loans (05:16); the operational function and how staffing works (07:05); and the regulation of private credit funds (09:56). Host Jon Van Gorp ends with a game to better understand where banks and private credit funds "play" (11:21).

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Tools of the TradeBy Mayer Brown