Private credit lenders are preparing for a significant market shift as they expect a wave of mergers and acquisitions in the coming year. Achieving scale is emphasized by executives from Blackstone Inc. and Blue Owl Capital Inc. to navigate the increasing average size of transactions.

Offering comprehensive solutions across liquid, private, and structured credit is seen as necessary to effectively meet client demands. Private credit firms need to provide diverse financial solutions to capitalize on emerging opportunities. Scaling operations is a strategic response to the anticipated growth in M&A activity, enabling lenders to better serve their clients in a competitive environment.