Traditional lenders such as JPMorgan, Citigroup, and Wells Fargo, opens new tab are rushing to grab a bigger slice of the booming market that has been dominated by private capital providers. The asset class is expected to expand, opens new tab to $3t by 2028, reflecting stronger momentum than in the past two years, according to Moody's.
"Pairing our vast origination platform with our lender client base has supercharged our ability to deliver in size for borrowers and increased deal flow for lenders," said Kevin Foley, global head of capital markets at JPMorgan.