Private credit market to grow to $3.36T by 2031 despite 2025 liquidity stress and rising regulation.

The global private credit and alternative lending market, valued at $2.31 trillion in 2026, is expected to grow at a 7.8% CAGR to reach $3.36 trillion by 2031. Recent liquidity pressures in 2025, triggered by bankruptcies and AI sector concerns, caused investor caution and redemption requests, especially among retail-facing funds. However, these issues are seen as liquidity events rather than solvency crises, with direct lending portfolios remaining stable. Growth drivers include bank retrenchment from middle-market lending, insurance-linked capital, and infrastructure debt linked to AI and data centers, supporting long-term market expansion amid tighter regulations and investor scrutiny.

Blue Owl Capital Inc. (OWL) trades at USD 9.15 on Pluang as of Oct 21, 2026 16:12 WIB, down 0.54% for the day. The private credit market's expected growth to $3.36 trillion by 2031 aligns with OWL's significant market cap of $6.13 billion and a strong dividend yield of 10.16%. This context highlights investor interest in financials linked to alternative lending amid evolving market conditions.