Outfront

Credit Convergence

The Blurring of Public and Private Credit

The merging of public and private credit markets is transforming capital allocation in unprecedented ways, creating new investment choices and expanding private credit’s reach to new investors. With added complexity, investors need to rethink the playbook for evaluating opportunities and risks in their credit portfolios. To do this, investors should leverage solutions that extend across origination, structured credit, and risk management. Together, these capabilities can provide investors with comprehensive credit strategies as the interplay between public and private markets deepens.

 

Watch PGIM experts on private capital, real estate, and fixed income discuss investment strategies and portfolio implications across the credit spectrum.

Credit Convergence: The Blurring of Public and Private Credit

Chapter 1

Credit Convergence Introduction

Chapter 2

The Converging World of Credit: Risk & Return

Chapter 3

Credit Transformation in Real Estate

Chapter 4

Credit Markets in Transition: Asset-Based Finance

Chapter 5

Credit Outlook

opportunities and challenges in private credit investing

The Convergence of Public and Private Credit

Leveraging insights from investment professionals across our businesses, PGIM examines the forces driving convergence between public and private credit.