Private credit turns from rapid growth to increased scrutiny

After years of rapid expansion, the private credit market is entering a far more demanding phase — and investors are taking notice.

This piece offers a sharp look at why rising rates, leverage, valuation pressures, and the strain on semi‑liquid fund structures are prompting deeper scrutiny across the asset class. It also explores how discipline, transparency, and stronger investment processes will shape the next chapter for private credit.

A timely read for anyone following alternative lending, portfolio construction, or the evolving dynamics of private markets.