As Private Credit Grows, Discipline Matters More

At the UK Private Capital Summit in September, we hosted a fireside chat with Peter Lockhead, Managing Director and Portfolio Manager of ICG’s Senior Debt Partners Strategy, to explore where private credit stands today and what its next stage of development might look like. The discussion pointed to a market that still has room to expand, but where growth is bringing greater scrutiny of underwriting discipline, competition, portfolio risk, and fund structures.