Skip to main content

What Could Surprise Private Credit Investors in 2025?

January 2025
The private credit secondaries market is still relatively young and small. Despite growing interest and marketed deal flow reaching $20-25 billion annually, actual transaction volume has remained modest. We believe that several catalysts for growth, including aging fund vintages, low M&A activity, and the emergence of trading desks for individual loan positions could lead to the increased adoption of private credit secondaries. Download the full paper to read more about some of the second-order effects.