Waiting for the next big leap in European private credit

The European private debt market has experienced a meteoric rise in the past decade, increasing almost 400% from $92bn at the start of 2014 to $459bn in June 2023. Much of this growth has been driven by direct lending, which has seen an almost tenfold increase. In this Q&A, Muzinich & Co managers share their thoughts on the prospects for European private credit.