BlackRock Says Super-Rich Want Private Credit as PE Lags

Family offices want more of the private credit boom.

More than half of 175 family offices around the world are optimistic about private credit and almost one-third said they intend to increase allocations to the asset this year, the most of any type of alternative investment, according to a survey released Tuesday by BlackRock Inc. The super-wealthy also are increasingly bullish about infrastructure investing, with 30% saying they plan to commit more of their money to the market.