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U.S. Private Credit Vehicles: Institutional Structure and Aggregate Balance Sheets

Katie Brinkman, Christine L. Dobridge, Timothy E. Dore, Simon Glossner, Elizabeth Ball Holmquist, Nam Nguyen, Maria G. Perozek and Irina Stefanescu
Additional contact information
Christine L. Dobridge: https://www.federalreserve.gov/econres/christine-l-dobridge.htm
Timothy E. Dore: https://www.federalreserve.gov/econres/tim-e-dore.htm
Maria G. Perozek: https://www.federalreserve.gov/econres/maria-g-perozek.htm
Irina Stefanescu: https://www.federalreserve.gov/econres/irina-stefanescu.htm

No 2026-11-09-2, FEDS Notes from Board of Governors of the Federal Reserve System (U.S.)

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.

Date: 2026-11-09
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Persistent link: https://EconPapers.repec.org/RePEc:fip:fedgfn:104040

DOI: 10.17016/2380-7172.4225

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