Private Credit Primer - Part 1: Origin, Strategies, Players, and Bubbles
- Unity Investments

- Sep 1, 2025
- 1 min read
Updated: Sep 1, 2025
Investors often ask us: “What is private credit?” While the term “private credit” is used ubiquitously, we realized that most investors have only a broad, hazy understanding of what private credit is. Many also assume uniformity across all private credit strategies.
In reality, private credit is a ~US$2 trillion global market, which has wide variations in loan structures, durations, collateral quality, and risk profiles. Below is our first white paper on private credit.
Read our first white paper on private credit by clicking the PDF below.



