Private Credit Trending to $30 Trillion According to Blackstone

Private Credit Market Growth: Blackstone Inc. forecasts the private credit market could grow to $30 trillion, with current private debt at $1.7 trillion, primarily supporting private equity; significant opportunities lie in infrastructure financing and sectors like energy transition and digital infrastructure.

Shift from Banks to Private Lenders: As private lenders gain market share from banks in asset-based credit, pension and sovereign wealth funds are likely to increase their allocations to private debt, particularly in high-growth areas such as data centers.