Commentary
Notes on private credit, written from our data and research.
Longer pieces on what the filings, fundraising numbers and bank balance sheets show. Posts carry charts with source and vintage and are tagged by theme. Older posts (2021–2024, banking and monetary policy) are shown under Archive.
25 Apr 2026
The future is hybrid
The debate "Banks vs. Private Credit" is the wrong framing. Look at how European private credit actually originates deals today, and where the growth is.
Private creditBanks and NBFI
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