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Blackrock Exclusive: The $3.5tn Private Debt Outlook

The global private debt market is set to experience significant growth, with BlackRock Inc. predicting that it will double in size to reach $3.5 trillion by 2028.

Inside BlackRock: Global private debt market expected to double by 2028, as depicted in their New York offices. PHOTO: ALP/Shutterstock

This optimistic outlook is driven by notable shifts in financial markets, as borrowers increasingly turn to private funds for financing amid reduced lending from traditional banks.

According to BlackRock’s head of macro credit research, Amanda Lynam, the expanding

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