Pitchbook: Q2 Global Private Credit Survey: Stress top-of-mind, H2 activity brighter

June 3, 2025

Source: Pitchbook

Respondents to LCD’s quarterly private credit survey are increasingly concerned about stress and default risk in the $1.7 trillion private credit market.

LCD’s second-quarter survey was conducted May 16-26. Respondents included a mix of credit providers, banks, private equity shops, advisory firms and other market participants from the US and Europe.

Regarding the strongest headwinds for private credit market participants, the largest share — roughly one third — answered “stress and default risk.” Click here to continue reading.

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