The global private credit market is predicted to hit $4.2 trillion by 2028.
The structural and generational themes that are driving this growth are digitalisation, decarbonisation, deglobalisation, and debanking, the latter of which is presenting particularly attractive opportunities for investors.
La Trobe Financial recently launched La Trobe Global Asset Management to help local investors capitalise on those opportunities, namely the rebuild of the US middle market - the world's third-largest economy.
Working with Morgan Stanley, the La Trobe US Private Credit Fund is a highly selective, pure-play investment into directly originated, senior secured first lien loans provided to larger, more robust companies - an investment in the backbone of the American economy.