Private Credit Themes for 2025 and Beyond: A Discussion with JP Morgan’s Jeff Bracchitta

In this week's episode of LFI’s Levered Line, Steve Miller welcomes Jeff Bracchitta, JP Morgan’s head of Private Credit Origination. In a wide-ranging discussion, Jeff details:

• How the levfin private credit has matured and taken shape in recent years
• The main investor constituencies and how each play in the space
• JP Morgan’s approach to private credit
• How the recent volatility in the markets have impacted private credit
• The relative position of private credit and BSL in today’s credit landscape
• The state of covenants for private credit loans with an eye on deal size
• The nascent move toward trading and liquidity for private credits