Discussion Paper
U.S. Private Credit Vehicles: Institutional Structure and Aggregate Balance Sheets
Abstract: The expansion of private credit has become one of the most significant developments in financial markets over the past decade. Yet, estimates of the size of the market vary considerably, in part because the term private credit is used to describe different instruments, investment strategies, and financial intermediaries.
https://doi.org/10.17016/2380-7172.4225
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https://www.federalreserve.gov/econres/notes/feds-notes/u-s-private-credit-vehicles-institutional-structure-and-aggregate-balance-sheets-20261109.html
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Provider: Board of Governors of the Federal Reserve System (U.S.)
Part of Series: FEDS Notes
Publication Date: 2026-11-09
Number: 2026-11-09-2