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  1. EXECUTIVE SUMMARY The private capital markets have grown at a rapid pace in recent years. Given their current size and the investment opportunities they contain, the question of …

  2. Private credit refers to loans or other forms of debt financing provided by non-bank lenders (such as private investment funds, asset managers or institutional investors)

  3. Private credit investments are typically structured through closed-end funds with committed capital and multiyear lockups, matching the illiquidity of the underlying loans.

  4. Free or lower-cost Title IV federal, state, or school student financial aid may be available in place of, or in addition to, a private education loan.

  5. Today, more than twice as many U.S. companies are backed by private capital than listed on public exchanges (Figure 1, Page 4) and private credit has become the lender of choice for …

  6. Private assets are increasingly important drivers of economic growth and can enhance traditional public market investment portfolios by providing higher risk-adjusted returns, along with …

  7. An applicant seeking to establish persecution based on violent conduct of a private actor must show more than the government’s difficulty controlling private behavior. The applicant must …