The Rise of Private Credit: How $1T In Capital Is Reshaping Finance

Private credit has exploded into a trillion-dollar asset class, but most people outside finance still don’t understand how it works.

I sat down with Ivan Zinn, founder of Atalaya Capital Management and now part of Blue Owl Capital, to unpack the real mechanics behind the private credit market. Few people have a clearer view of how capital flows through the economy.

During our chat we unpack:

• What private credit actually is
• Why banks pulled back after the Global Financial Crisis
• How private lenders stepped in to finance everything from consumer loans to equipment, infrastructure, and fintech platforms
• Where entrepreneurs could build meaningful companies by modernizing the infrastructure behind asset management.

Big thanks to Ivan for sharing such a thoughtful and practical perspective on the evolving capital markets ecosystem.