Moody’s Talks – The Big Picture

The Private Credit Surge: What’s Next?


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What started as a niche alternative could become a nearly $3 trillion juggernaut by 2028. In this conversation, we explore where the money is coming from, how borrowers and lenders are coping with tough conditions, and what lies ahead for the asset class—including possible new regulations. 

Host: Colin Ellis, Head of Centre for Credit Research, Moody’s Ratings

Guest: Christina Padgett, Associate Managing Director, Corporate Finance Group, Moody’s Ratings

Related Research:
Private Credit – Cross Region – Private market retail to fuel opportunity but intensify liquidity, asset quality risks 10 June 2025
Private Credit Insights – Global – Private credit, a refuge in turbulent times, set to take share again 17 April 2025
Private Credit – Global – 2025 Outlook – Primed for growth as LBOs revive, ABF opportunities accelerate 21 Jan 2025


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Moody’s Talks – The Big PictureBy Sarah Carlson, William Foster, Colin Ellis

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