The biggest investors in the firms which manage “private credit”—unregulated and illiquid loans to small and medium-sized companies, many of them in software—are the small group of Persian Gulf oil kingdoms, that have invested their sovereign wealth funds to the tune of $90 billion. That exposure was quadrupled between 2021 and 2025, with Abu Dhabi’s sovereign fund, known as the Mubadala, invested 5% ($24 billion) into private credit, closely followed by Kuwait, Qatar, and Saudi Arabia.
Collapsing Imperial System Paid
War Will Make the 'Private Credit' Bubble Collapse Faster
About the author
Latest articles
Related coverage
-
Collapsing Imperial System Paid
U.S. Oil Reserve Down to Two Weeks' Worth of Oil Consumption
-
Collapsing Imperial System
Schiller Institute Supports Striking Italian Farmers, Fishermen, and Truck Drivers
-
Collapsing Imperial System
Students Mobilize in Brazil To Elect Lula President
-
Collapsing Imperial System Paid
Spain's Sánchez Calls Snap Elections in November