{"id":5778,"date":"2026-07-30T13:12:22","date_gmt":"2026-07-30T17:12:22","guid":{"rendered":"https:\/\/investinginalts.com\/?p=5778"},"modified":"2026-09-17T15:04:11","modified_gmt":"2026-09-17T19:04:11","slug":"asset-class-introduction-private-credit","status":"publish","type":"post","link":"https:\/\/investinginalts.com\/en-gb\/asset-class-introduction-private-credit\/","title":{"rendered":"Asset Class Introduction: Private Credit"},"content":{"rendered":"

Private Credit has grown in recent years to become one of the primary ways companies raise capital. While the private credit market, which amounts to roughly $2.7 trillion1, has been around for decades, its popularity began to grow in earnest in the wake of the 2008 financial crisis, when non-bank lenders stepped in to provide capital to companies after traditional banks pulled back from many types of lending. <\/p>\n

This brochure offers a summary of the six main private credit strategies: direct lending, asset-based finance, distressed debt, mezzanine lending, special situations and venture debt. This discussion aims to provide an understanding of how each strategy works, key risks and benefits, and how each strategy could fit within a portfolio. <\/p>\n

\n
Download the Paper<\/a><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Private Credit has grown in recent years to become one of the primary ways companies raise capital. While the private credit market, which amounts to roughly $2.7 trillion1, has been around for decades, its popularity began to grow in earnest in the wake of the 2008 financial crisis, when non-bank lenders stepped in to provide capital to companies after traditional banks pulled back from many types of lending. ...<\/p>\n","protected":false},"author":26,"featured_media":5789,"comment_status":"closed","ping_status":"open","sticky":false,"template":"insight-with-three-column-header.php","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[47],"tags":[],"class_list":["post-5778","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-insights"],"acf":[],"yoast_head":"\nAsset Class Introduction: Private Credit - Alternatives Investing Center<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/investinginalts.com\/en-gb\/asset-class-introduction-private-credit\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Asset Class Introduction: Private Credit - Alternatives Investing Center\" \/>\n<meta property=\"og:description\" content=\"Private Credit has grown in recent years to become one of the primary ways companies raise capital. While the private credit market, which amounts to roughly $2.7 trillion1, has been around for decades, its popularity began to grow in earnest in the wake of the 2008 financial crisis, when non-bank lenders stepped in to provide capital to companies after traditional banks pulled back from many types of lending.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/investinginalts.com\/en-gb\/asset-class-introduction-private-credit\/\" \/>\n<meta property=\"og:site_name\" content=\"Alternatives Investing Center\" \/>\n<meta property=\"article:published_time\" content=\"2026-07-30T17:12:22+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-09-17T19:04:11+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/investinginalts.com\/wp-content\/uploads\/2026\/05\/1024x512.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"512\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"morganstanley\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"morganstanley\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/investinginalts.com\\\/en-gb\\\/asset-class-introduction-private-credit\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/investinginalts.com\\\/en-gb\\\/asset-class-introduction-private-credit\\\/\"},\"author\":{\"name\":\"morganstanley\",\"@id\":\"https:\\\/\\\/investinginalts.com\\\/en-gb\\\/#\\\/schema\\\/person\\\/63bfca45c789ae5075f6f8e1496da68b\"},\"headline\":\"Asset Class Introduction: Private Credit\",\"datePublished\":\"2026-07-30T17:12:22+00:00\",\"dateModified\":\"2026-09-17T19:04:11+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/investinginalts.com\\\/en-gb\\\/asset-class-introduction-private-credit\\\/\"},\"wordCount\":124,\"publisher\":{\"@id\":\"https:\\\/\\\/investinginalts.com\\\/en-gb\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/investinginalts.com\\\/en-gb\\\/asset-class-introduction-private-credit\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/investinginalts.com\\\/wp-content\\\/uploads\\\/2026\\\/05\\\/1024x512.jpg\",\"articleSection\":[\"Insights\"],\"inLanguage\":\"en-GB\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/investinginalts.com\\\/en-gb\\\/asset-class-introduction-private-credit\\\/\",\"url\":\"https:\\\/\\\/investinginalts.com\\\/en-gb\\\/asset-class-introduction-private-credit\\\/\",\"name\":\"Asset Class Introduction: Private Credit - Alternatives Investing Center\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/investinginalts.com\\\/en-gb\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/investinginalts.com\\\/en-gb\\\/asset-class-introduction-private-credit\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/investinginalts.com\\\/en-gb\\\/asset-class-introduction-private-credit\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/investinginalts.com\\\/wp-content\\\/uploads\\\/2026\\\/05\\\/1024x512.jpg\",\"datePublished\":\"2026-07-30T17:12:22+00:00\",\"dateModified\":\"2026-09-17T19:04:11+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/investinginalts.com\\\/en-gb\\\/asset-class-introduction-private-credit\\\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/investinginalts.com\\\/en-gb\\\/asset-class-introduction-private-credit\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\\\/\\\/investinginalts.com\\\/en-gb\\\/asset-class-introduction-private-credit\\\/#primaryimage\",\"url\":\"https:\\\/\\\/investinginalts.com\\\/wp-content\\\/uploads\\\/2026\\\/05\\\/1024x512.jpg\",\"contentUrl\":\"https:\\\/\\\/investinginalts.com\\\/wp-content\\\/uploads\\\/2026\\\/05\\\/1024x512.jpg\",\"width\":1024,\"height\":512},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/investinginalts.com\\\/en-gb\\\/asset-class-introduction-private-credit\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/investinginalts.com\\\/en-gb\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Asset Class Introduction: Private Credit\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/investinginalts.com\\\/en-gb\\\/#website\",\"url\":\"https:\\\/\\\/investinginalts.com\\\/en-gb\\\/\",\"name\":\"Alternatives Investing Center\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\\\/\\\/investinginalts.com\\\/en-gb\\\/#organization\"},\"alternateName\":\"MSIM Alternatives Investing Center\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/investinginalts.com\\\/en-gb\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/investinginalts.com\\\/en-gb\\\/#organization\",\"name\":\"Morgani Stanley Investment Management\",\"url\":\"https:\\\/\\\/investinginalts.com\\\/en-gb\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\\\/\\\/investinginalts.com\\\/en-gb\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/investinginalts.com\\\/wp-content\\\/uploads\\\/2025\\\/06\\\/MSIM-Logo-2.png\",\"contentUrl\":\"https:\\\/\\\/investinginalts.com\\\/wp-content\\\/uploads\\\/2025\\\/06\\\/MSIM-Logo-2.png\",\"width\":614,\"height\":241,\"caption\":\"Morgani Stanley Investment Management\"},\"image\":{\"@id\":\"https:\\\/\\\/investinginalts.com\\\/en-gb\\\/#\\\/schema\\\/logo\\\/image\\\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/investinginalts.com\\\/en-gb\\\/#\\\/schema\\\/person\\\/63bfca45c789ae5075f6f8e1496da68b\",\"name\":\"morganstanley\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/17a306d00d3200fcacedd20d04c93bf32e65724f18ac3d0fb345675205ce6f6b?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/17a306d00d3200fcacedd20d04c93bf32e65724f18ac3d0fb345675205ce6f6b?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/17a306d00d3200fcacedd20d04c93bf32e65724f18ac3d0fb345675205ce6f6b?s=96&d=mm&r=g\",\"caption\":\"morganstanley\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Asset Class Introduction: Private Credit - Alternatives Investing Center","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/investinginalts.com\/en-gb\/asset-class-introduction-private-credit\/","og_locale":"en_GB","og_type":"article","og_title":"Asset Class Introduction: Private Credit - Alternatives Investing Center","og_description":"Private Credit has grown in recent years to become one of the primary ways companies raise capital. While the private credit market, which amounts to roughly $2.7 trillion1, has been around for decades, its popularity began to grow in earnest in the wake of the 2008 financial crisis, when non-bank lenders stepped in to provide capital to companies after traditional banks pulled back from many types of lending.","og_url":"https:\/\/investinginalts.com\/en-gb\/asset-class-introduction-private-credit\/","og_site_name":"Alternatives Investing Center","article_published_time":"2026-07-30T17:12:22+00:00","article_modified_time":"2026-09-17T19:04:11+00:00","og_image":[{"width":1024,"height":512,"url":"https:\/\/investinginalts.com\/wp-content\/uploads\/2026\/05\/1024x512.jpg","type":"image\/jpeg"}],"author":"morganstanley","twitter_card":"summary_large_image","twitter_misc":{"Written by":"morganstanley","Estimated reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/investinginalts.com\/en-gb\/asset-class-introduction-private-credit\/#article","isPartOf":{"@id":"https:\/\/investinginalts.com\/en-gb\/asset-class-introduction-private-credit\/"},"author":{"name":"morganstanley","@id":"https:\/\/investinginalts.com\/en-gb\/#\/schema\/person\/63bfca45c789ae5075f6f8e1496da68b"},"headline":"Asset Class Introduction: Private Credit","datePublished":"2026-07-30T17:12:22+00:00","dateModified":"2026-09-17T19:04:11+00:00","mainEntityOfPage":{"@id":"https:\/\/investinginalts.com\/en-gb\/asset-class-introduction-private-credit\/"},"wordCount":124,"publisher":{"@id":"https:\/\/investinginalts.com\/en-gb\/#organization"},"image":{"@id":"https:\/\/investinginalts.com\/en-gb\/asset-class-introduction-private-credit\/#primaryimage"},"thumbnailUrl":"https:\/\/investinginalts.com\/wp-content\/uploads\/2026\/05\/1024x512.jpg","articleSection":["Insights"],"inLanguage":"en-GB"},{"@type":"WebPage","@id":"https:\/\/investinginalts.com\/en-gb\/asset-class-introduction-private-credit\/","url":"https:\/\/investinginalts.com\/en-gb\/asset-class-introduction-private-credit\/","name":"Asset Class Introduction: Private Credit - Alternatives Investing Center","isPartOf":{"@id":"https:\/\/investinginalts.com\/en-gb\/#website"},"primaryImageOfPage":{"@id":"https:\/\/investinginalts.com\/en-gb\/asset-class-introduction-private-credit\/#primaryimage"},"image":{"@id":"https:\/\/investinginalts.com\/en-gb\/asset-class-introduction-private-credit\/#primaryimage"},"thumbnailUrl":"https:\/\/investinginalts.com\/wp-content\/uploads\/2026\/05\/1024x512.jpg","datePublished":"2026-07-30T17:12:22+00:00","dateModified":"2026-09-17T19:04:11+00:00","breadcrumb":{"@id":"https:\/\/investinginalts.com\/en-gb\/asset-class-introduction-private-credit\/#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/investinginalts.com\/en-gb\/asset-class-introduction-private-credit\/"]}]},{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/investinginalts.com\/en-gb\/asset-class-introduction-private-credit\/#primaryimage","url":"https:\/\/investinginalts.com\/wp-content\/uploads\/2026\/05\/1024x512.jpg","contentUrl":"https:\/\/investinginalts.com\/wp-content\/uploads\/2026\/05\/1024x512.jpg","width":1024,"height":512},{"@type":"BreadcrumbList","@id":"https:\/\/investinginalts.com\/en-gb\/asset-class-introduction-private-credit\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/investinginalts.com\/en-gb\/"},{"@type":"ListItem","position":2,"name":"Asset Class Introduction: Private Credit"}]},{"@type":"WebSite","@id":"https:\/\/investinginalts.com\/en-gb\/#website","url":"https:\/\/investinginalts.com\/en-gb\/","name":"Alternatives Investing Center","description":"","publisher":{"@id":"https:\/\/investinginalts.com\/en-gb\/#organization"},"alternateName":"MSIM Alternatives Investing Center","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/investinginalts.com\/en-gb\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-GB"},{"@type":"Organization","@id":"https:\/\/investinginalts.com\/en-gb\/#organization","name":"Morgani Stanley Investment Management","url":"https:\/\/investinginalts.com\/en-gb\/","logo":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/investinginalts.com\/en-gb\/#\/schema\/logo\/image\/","url":"https:\/\/investinginalts.com\/wp-content\/uploads\/2025\/06\/MSIM-Logo-2.png","contentUrl":"https:\/\/investinginalts.com\/wp-content\/uploads\/2025\/06\/MSIM-Logo-2.png","width":614,"height":241,"caption":"Morgani Stanley Investment Management"},"image":{"@id":"https:\/\/investinginalts.com\/en-gb\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/investinginalts.com\/en-gb\/#\/schema\/person\/63bfca45c789ae5075f6f8e1496da68b","name":"morganstanley","image":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/secure.gravatar.com\/avatar\/17a306d00d3200fcacedd20d04c93bf32e65724f18ac3d0fb345675205ce6f6b?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/17a306d00d3200fcacedd20d04c93bf32e65724f18ac3d0fb345675205ce6f6b?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/17a306d00d3200fcacedd20d04c93bf32e65724f18ac3d0fb345675205ce6f6b?s=96&d=mm&r=g","caption":"morganstanley"}}]}},"_links":{"self":[{"href":"https:\/\/investinginalts.com\/en-gb\/wp-json\/wp\/v2\/posts\/5778","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/investinginalts.com\/en-gb\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/investinginalts.com\/en-gb\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/investinginalts.com\/en-gb\/wp-json\/wp\/v2\/users\/26"}],"replies":[{"embeddable":true,"href":"https:\/\/investinginalts.com\/en-gb\/wp-json\/wp\/v2\/comments?post=5778"}],"version-history":[{"count":6,"href":"https:\/\/investinginalts.com\/en-gb\/wp-json\/wp\/v2\/posts\/5778\/revisions"}],"predecessor-version":[{"id":6218,"href":"https:\/\/investinginalts.com\/en-gb\/wp-json\/wp\/v2\/posts\/5778\/revisions\/6218"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/investinginalts.com\/en-gb\/wp-json\/wp\/v2\/media\/5789"}],"wp:attachment":[{"href":"https:\/\/investinginalts.com\/en-gb\/wp-json\/wp\/v2\/media?parent=5778"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/investinginalts.com\/en-gb\/wp-json\/wp\/v2\/categories?post=5778"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/investinginalts.com\/en-gb\/wp-json\/wp\/v2\/tags?post=5778"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}