
07/22/2025
The private credit market will be stronger in 2025 than it was in the previous year, according to the third annual Barnes & Thornburg 2025 Investment Funds Outlook Report, which identified private credit as one of three key sectors positioned to “thrive” in the coming year.
Of the US-based limited partners (LPs), general partners (GPs), and service providers surveyed by the law firm, 80 per cent said they expected a stronger market for private credit this year compared to the prior year, while 35 per cent believe it will be significantly stronger, with a compound annual growth rate of 20 per cent or more.
Read more: US senator writes to ratings agencies after reports of ‘inflating’ private credit ratings
Barnes & Thornburg reported that 58 per cent of respondents said the market will shift upwards, with small- and mid-cap players “increasingly targeting” large-cap deals, while 26 per cent think it will shift down.
The private credit market will be stronger in 2025 than it was in the previous year, according to the third