BlackRock, the global investment giant, predicts the global private debt market to double up tp $3.5tn by 2028, according to a report by Bloomberg.
The report cites data that predicts significant “tectonic shifts” within financial markets that wull have more borrowers opt for private funds. This intersects with certain banks demonstrating a reduced interest in lending.
This is one of the most bullish calls for the sector to date, according to the report
