Private credit market growth is driven by several interconnected factors. Firstly, the sector has emerged as a substitute for traditional bank activity, which has diminished significantly post-financial crisis due to regulatory constraints that discourage risky lending and promote portfolio diversification. Secondly, the argument exists that excessive bank regulation has hampered their lending capabilities. Thirdly, the structural mismatch of banks funding long-term loans with short-term deposits has been a persistent issue, suggesting that private credit may offer a more suitable financing solution. With recent relaxations of securities laws, large investment funds can now effectively fulfill the lending roles traditionally held by banks, aligning multi-year loans with long-term capital commitments from institutional investors. This alignment allows for a more efficient financing mechanism. Additionally, the distribution of creditors presents its own challenges, possibly leading to inefficiencies when creditors are too dispersed, opening the door to further discussions about optimizing private credit structures.