BlackRock has predicted that the private credit's assets under management (AUM) could reach $4.5tn (£3.5tn) by 2030 due to market forces, technology, and regulation. In the firm's Q2 Global Credit Quarterly outlook, the asset manager said that the private credit market has grown into a sizable, scalable, stand-alone asset class which is no longer reserved [...]The post BlackRock predicts private credit AUM will reach $4.5tn by 2030 appeared first on Alternative Credit Investor.
BlackRock is a New York-based investment management firm that provides services such as investment, advisory and risk management for government and non-profit organizations.