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Alternative Fund Advisors Releases RIA Private Credit Usage Study, Confirming Continued Growth in the Asset Class

  • Editor
  • Apr 3
  • 1 min read

Whats Happening:

Alternative Fund Advisors (AFA) has released findings from its RIA Private Credit Usage Study, revealing that 80% of registered investment advisors (RIAs) already allocate to private credit or plan to make their first investment in 2025. The study shows growing adoption of private credit among RIAs, with 45% allocating more than 5% of a typical client portfolio to the asset class.


Key Moves:

  • 80% of RIAs already allocate or plan to allocate to private credit in 2025

  • 45% of firms allocate more than 5% of a typical client portfolio to private credit

  • 82% of firms plan to increase allocations, with many adding new funds


By The Numbers:

  • 80% of RIAs allocate or plan to allocate to private credit in 2025

  • 45% of firms allocate more than 5% of client portfolios to private credit

  • AFA Asset Based Lending Fund has $240 million in assets


Key Quotes:

  • "We believe the importance of private credit in client portfolios will only increase in 2025 and beyond," said Marco Hanig, CEO and co-founder of Alternative Fund Advisors.

  • "Our survey findings validated a trend that we're seeing in the market—firms have moved beyond owning a single private credit fund. They are now utilizing multiple funds and intentionally diversifying across various sub-segments of the market."


Bottom Line:

The AFA study confirms the growing importance of private credit in RIA portfolios, with a majority of firms already allocating to the asset class or planning to do so in 2025. The trend shows not only increased adoption but also a more sophisticated approach, with RIAs diversifying across multiple funds and sub-segments of the private credit market.


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