State Street Investment Management’s Benedetta Balducci examines how the growing private credit secondaries market can provide institutional investors with seasoned exposure and greater deployment flexibility. Private-credit-secondaries
- Transaction volumes reached $20 billion in 2025 and could exceed $50 billion within the next two to three years.
- Seasoned portfolios can offer earlier cash flows, recurring income, shorter duration and structural downside protection.
- Growing dispersion and liquidity pressure may favour specialist managers with strong sourcing, underwriting and workout capabilities.
Explore the full report to assess how private credit secondaries can complement primary credit and broader private-market allocations.
Continue reading this article?
Register for free and get access to Investment Officer International:
- Exclusive for professional investors
- Cancel anytime
- Unlimited access: web, app and newsletters
Registration takes less than 1 minute.
No payment details required
Register for free and get access to Investment Officer Luxembourg:
- Exclusive for professional investors
- Cancel anytime
- Unlimited access: web, app and newsletters
Registration takes less than 1 minute.
No payment details required
