Private credit could become a $40 trillion market in five years, according to Apollo Global Management. “We’re going to get there really soon,” Akila Grewal, the firm’s global head of credit product, tells Bloomberg News’ James Crombie and Bloomberg Intelligence analyst Matt Geudtner in the latest Credit Edge podcast. Currently, “we estimate it’s a $20 trillion market,” she adds, referring to asset-based finance. Grewal and Geudtner also discuss relative risk and returns between public and private markets, retail investment, real estate opportunities, advantages for borrowers to raising capital privately and the fundraising environment. 

<p>Private credit could become a $40 trillion market in five years, according to Apollo Global Management. &ldquo;We&rsquo;re going to get there really soon,&rdquo; Akila Grewal, the firm&rsquo;s global head of credit product, tells Bloomberg News&rsquo; James Crombie and Bloomberg Intelligence analyst Matt Geudtner in the latest Credit Edge podcast. Currently, &ldquo;we estimate it&rsquo;s a $20 trillion market,&rdquo; she adds, referring to asset-based finance. Grewal and Geudtner also discuss relative risk and returns between public and private markets, retail investment, real estate opportunities, advantages for borrowers to raising capital privately and the fundraising environment.&nbsp;</p>

The Credit Edge reviews the top credit news of the week and looks at the week ahead, with in-depth research of the most important corporate sectors, trends and themes. Analysis of specific corporate bonds and credit default swaps is backed by Bloomberg Intelligence's robust data sets and indexes.

<p>The Credit Edge reviews the top credit news of the week and looks at the week ahead, with in-depth research of the most important corporate sectors, trends and themes. Analysis of specific corporate bonds and credit default swaps is backed by Bloomberg Intelligence's robust data sets and indexes.</p>

The Credit Edge by Bloomberg Intelligence

Apollo Sees Private Credit Sprinting to $40 Trillion

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/87e58e1c-bbaa-4977-ad41-b24b010383a6/transcript

Advertisement