Rakesh Jain
Global Head of Private Credit at Pantheon, overseeing one of the largest private credit secondary platforms; experienced credit investor and platform builder with senior roles previously at major banks.
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Jan 23, 2026 • 40min
E289: The Evolution of Private Credit and What Comes Next
Rakesh Jain, Global Head of Private Credit at Pantheon and builder of a large credit secondaries platform. He explains why credit secondaries emerged, how seasoned portfolios differ from primary origination, and the mechanics of liquidity in private markets. Short takes cover diversification across thousands of loans, LP versus GP-led trades, adverse selection, and where credit secondaries may head next.
