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Private credit funds to invest $5 billion to $10 billion in 2024, says EY report

By Economic Times - 9 months ago
The report surveyed leaders from top credit funds where half of them think spending on projects will drive private credit deals in the next 12 to 24 months, followed by stress-related financing. Real estate is expected to have the most deals, followed by manufacturing, but it's seen as the riskiest sector. Despite enough funds, competition is rising. They expect a total investment of US$5–10 billion in private credit deals in 2024. Looking ahead, optimism is slightly higher for the next two to five years compared to the next one to two years.

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