The Next Wave of Private Credit

The Next Wave of Private Credit

With standard cash-flow-based lending to corporate borrowers slowing, private equity firms and other private credit lenders are looking to collateral as a financing basis. That collateral, while typically consisting of assets like consumer and auto loans and aircraft leases, now extends to intellectual property rights as well as data center and energy infrastructure. Consultancy Oliver Wyman estimates that the market for all asset-backed lendin…