Private credit Gauging the macro and market spillover risks Global Economics Update Private credit CLOs not a repeat of 2008 CDOs The rapid growth of private credit CLOs has prompted comparisons with subprime CDOs in the lead-up to the global financial crisis. However, while there are some similarities, namely their opacity, the... 27th April 2026 · 6 mins read Global Economics Update Answering your questions about private credit and macro risk We recently hosted an online Drop-In session to discuss private credit and the risks to the macroeconomy and financial markets. (Recording available here.) This Update provides answers to some of the... 22nd April 2026 · 6 mins read US Economics Update Little sign yet of spillovers from private credit While investors are trying to pull funds away from private credit, there is little sign yet of any spillovers that might be forcing traditional lenders to tighten their credit standards. 21st April 2026 · 5 mins read Asset Allocation Update Listed BDC data highlight mounting private credit distress While some of the recent slump in listed US Business Development Companies’ (BDCs) valuations may be overdone, several of the risk metrics we track suggest that stress is building beneath the surface... 7th April 2026 · 6 mins read Global Economics Update Revisiting the risks around private credit Private credit funds have attracted growing scrutiny amid falling valuations and its exposure to software companies. Under a severe default scenario, losses might amount to around 0.4% of US GDP. That... 11th March 2026 · 7 mins read Event Drop-In: Private credit ‘cockroaches' and macro and market risk 21st April 2026, 3:00PM BST Are signs of stress in private credit a risk to broader financial markets? What could this mean for funding across the US economy? And is this anything like 2008? Amid growing concerns that, like the…
Global Economics Update Private credit CLOs not a repeat of 2008 CDOs The rapid growth of private credit CLOs has prompted comparisons with subprime CDOs in the lead-up to the global financial crisis. However, while there are some similarities, namely their opacity, the... 27th April 2026 · 6 mins read
Global Economics Update Answering your questions about private credit and macro risk We recently hosted an online Drop-In session to discuss private credit and the risks to the macroeconomy and financial markets. (Recording available here.) This Update provides answers to some of the... 22nd April 2026 · 6 mins read
US Economics Update Little sign yet of spillovers from private credit While investors are trying to pull funds away from private credit, there is little sign yet of any spillovers that might be forcing traditional lenders to tighten their credit standards. 21st April 2026 · 5 mins read
Asset Allocation Update Listed BDC data highlight mounting private credit distress While some of the recent slump in listed US Business Development Companies’ (BDCs) valuations may be overdone, several of the risk metrics we track suggest that stress is building beneath the surface... 7th April 2026 · 6 mins read
Global Economics Update Revisiting the risks around private credit Private credit funds have attracted growing scrutiny amid falling valuations and its exposure to software companies. Under a severe default scenario, losses might amount to around 0.4% of US GDP. That... 11th March 2026 · 7 mins read
Event Drop-In: Private credit ‘cockroaches' and macro and market risk 21st April 2026, 3:00PM BST Are signs of stress in private credit a risk to broader financial markets? What could this mean for funding across the US economy? And is this anything like 2008? Amid growing concerns that, like the…
