{
  "docId": "019dd923-5ca1-7489-b639-af26e441ba16",
  "docSlug": "3183b7c9fa9e2664",
  "documentTitle": "Private Credits Next Act",
  "authorId": "OliverWyman",
  "authorName": "Oliver Wyman",
  "documentKindSlug": "consulting-deck",
  "documentKindLabel": "Consulting deck",
  "sourceTypeSlug": "strategy_consulting",
  "sourceTypeLabel": "Strategy consulting",
  "presentationDate": null,
  "orientation": "portrait",
  "aspectRatio": 0.752,
  "pageNumber": 2,
  "pageCount": 18,
  "prevPage": 1,
  "nextPage": 3,
  "slideType": "executive_summary",
  "function": "summarize",
  "density": "dense",
  "nDataPoints": 2,
  "notes": "This is an introductory slide for a consulting report by Oliver Wyman.",
  "elementsJson": [
    "paragraph"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-5ca1-7489-b639-af26e441ba16/2",
  "deckHref": "/decks/019dd923-5ca1-7489-b639-af26e441ba16",
  "deckJsonHref": "/decks/019dd923-5ca1-7489-b639-af26e441ba16.json",
  "deckAnchorHref": "/decks/019dd923-5ca1-7489-b639-af26e441ba16#slide-2",
  "components": [
    {
      "bbox": null,
      "kind": "callout",
      "text": "Our new estimates suggest specialty finance is a $5.5 trillion asset opportunity in the United States alone, where private credit today has less than a 5% share.",
      "attrs": null,
      "subkind": null,
      "toolName": "Visual emphasis",
      "toolSlug": "visual-emphasis",
      "confidence": null,
      "componentId": "019dd951-d9ef-7323-a2e1-ee4f8ce2179d",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": null,
      "kind": "metric",
      "text": "TAM: $5.5 trillion",
      "attrs": null,
      "subkind": "primary",
      "toolName": "Quantification",
      "toolSlug": "quantification",
      "confidence": null,
      "componentId": "019dd951-d9ef-7323-a2e1-f1d1c1313928",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.2,
        "w": 0.68,
        "x": 0.16,
        "y": 0.355
      },
      "kind": "paragraph",
      "text": "Private credit is looking to catch the next wave of growth — in asset-based lending. In part, that is to sustain the sector's extraordinary growth and to satisfy the sea change in allocations to credit. But firms are also tapping into it because leveraged lending has become more crowded. How large is the addressable market? Our new estimates suggest specialty finance is a $5.5 trillion asset opportunity in the United States alone, where private credit today has less than a 5% share.",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "6fb017fe-e524-486c-be12-383ec8e34813",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.1,
        "w": 0.68,
        "x": 0.16,
        "y": 0.52
      },
      "kind": "paragraph",
      "text": "The need to secure access to these new asset classes is prompting private credit players to change tack, looking to partner up with banks rather than be their adversaries. We explore what Private Credit 2.0 might look like — for banks and investors.",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "a9f4b800-4a96-45b5-916f-a003ea9fefc9",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.2,
        "x": 0.16,
        "y": 0.335
      },
      "kind": "title",
      "text": "Why read this report?",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "643edc20-eaed-449f-a575-2b35c9643668",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [
    {
      "metricRaw": "TAM",
      "numberRaw": "$5.5 trillion",
      "numberKind": "money",
      "actionTitle": null,
      "calloutText": "Our new estimates suggest specialty finance is a $5.5 trillion asset opportunity in the United States alone, where private credit today has less than a 5% share.",
      "numberScale": "t",
      "numberValue": 5.5,
      "metricFamily": "market_size",
      "numberCurrency": "$"
    }
  ],
  "tools": [
    {
      "name": "Audience Definition",
      "slug": "audience-definition",
      "agent": "Storyteller",
      "layer": "slide",
      "matchId": "5d6539c5-0e03-4c4c-8f95-4413fc198a79",
      "evidence": "The slide is addressed to a general audience interested in private credit and asset-based lending.",
      "confidence": 0.7
    },
    {
      "name": "Executive summary",
      "slug": "executive-summary",
      "agent": null,
      "layer": "slide",
      "matchId": "8fc994f6-8e8f-4124-921f-49ab6abddd0f",
      "evidence": "This slide is an executive summary of the report, providing an overview of the main points.",
      "confidence": 0.9
    }
  ],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 5,
      "from": 1,
      "beatId": "9c495cf2-a2e1-493b-b35f-5f8ee17e1633",
      "arcName": "The Consultant's Gambit",
      "arcSlug": "consultants-gambit",
      "beatName": "Situation & Context",
      "beatSlug": "consultants-gambit-situation-context",
      "evidence": "The deck provides an overview of the private credit market and its trends",
      "position": 0,
      "confidence": 0.8,
      "parentBeatName": "Setup",
      "parentBeatSlug": "setup"
    }
  ],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}