Private credit fund writedowns triple as interest rates pressure borrowers
A report by MSCI reveals that senior loan writedowns have tripled since 2022. This signals growing distress in the three trillion dollar private credit market.
Insights:
MSCI released a report on Thursday, January 15, 2026, documenting that senior loan writedowns by private credit funds have tripled since 2022. This shift signals deepening distress in the approximately $3 trillion private credit market as higher interest rates have pressured riskier companies. The research provides quantified evidence of the strain facing corporate borrowers who rely on non-bank financing.
