4. The New Private Credit Map: $2T Traditional vs. $5T Emerging Markets

Sub-header: Mapping the full spectrum of opportunities across private credit.

Mini Description: This paper redefines how the private credit market is segmented — from direct lending to structured hybrids. It quantifies the growing “non-traditional” market and why emerging data and AI infrastructure make it accessible for smaller, agile funds.

Highlights:

• Market sizing: $2T traditional / $3–5T non-traditional
• Growth segments: asset-backed, revenue-based, and hybrid structures
• Strategic implication: where the next alpha will be found

Context: Presented to investment committees exploring expansion beyond core direct lending.

Already shared with senior leaders at top private-credit platforms.