From Quiver Quantitative:

Morgan Stanley is doubling its private credit portfolio to $50 billion, investing over $300 million. With lenders like Ares and Blackstone venturing into private credit, banks like Goldman Sachs, JPMorgan are also investing billions in the burgeoning market. Amid expectations of Federal Reserve rate cuts, traditional banks may become more competitive in loan markets, recalibrating the balance between private and syndicated loans. Nevertheless, Morgan Stanley’s aggressive sprawl across this sector reflects the confidence in private credit’s potential and the evolving finance landscape.



Read more: Morgan Stanley Expands Private Credit Reach, Eyes Massive $50 Billion Portfolio