Engage 2026 · London & New York

Mood
of the
Market

170+ attendees from across private credit. Three questions, answered live, on the 2027 outlook, AI and the forces shaping 2030.

Full results and Oxane’s summary, free to download.
Respondent profile

Who answered the poll

What they work on

0.0%work in asset-based finance
0.0%work in direct lending

Banks (54.2%) and asset managers (44.4%) lean towards asset-based finance. Private credit firms lean towards direct lending (63.2%).

Optional question; several answers allowed.

Asset-based finance0.0%
Direct lending0.0%
Fund finance0.0%
Securitised products0.0%
CRE finance0.0%
Infrastructure debt0.0%
Significant risk transfer0.0%
Credit secondaries0.0%
Key themes

Where the market is heading

The three clearest signals from private credit leaders: on 2027, the decade ahead and AI.

Shaping 2030

0.0%

pick asset-based finance growth as the biggest impact on credit by 2030

Click to deep dive
The results

How the room answered

Three questions on the market. Pick an answer to see who in the room chose it.

Question 1 of 3

How would you describe your outlook for credit markets in 2027?

60.9%are optimistic or bullish about 2027
Banks37.7% of the room
Funds53.6% of the room
Other8.7% of the room
Read: A further 31.9% expect steady conditions. Only 7.2% are cautious.
The full reportEvery answer in full, banks and funds compared, and Oxane’s summary of what the results mean.
Get the full report
In the room

Engage London and New York

Guests at Engage New York
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Guests at Engage New York
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A guest listening at Engage 2026
Guests in conversation at Engage London
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Two guests at Engage 2026
Guests in conversation at Engage 2026
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Guests taking the poll on the iPad at registration
Guests at Engage London
Guests in conversation at Engage London
Guests at Engage New York
Guests in conversation at Engage 2026
Guests sharing a laugh at Engage 2026
Guests at Engage New York
A full room at Engage 2026
Guests at Engage New York
A guest smiling at Engage 2026
Guests at Engage New York
A guest at Engage New York
Guests in conversation at Engage New York
A guest listening at Engage 2026
Guests in conversation at Engage London
Two guests in conversation at Engage London
Guests laughing at Engage London
Two guests at Engage 2026
Guests in conversation at Engage 2026
A guest in conversation at Engage 2026
Guests taking the poll on the iPad at registration
Guests at Engage London
Guests in conversation at Engage London
Guests at Engage New York
Guests in conversation at Engage 2026
Guests sharing a laugh at Engage 2026
Guests at Engage New York
A full room at Engage 2026
The full report

Get the complete Mood of the Market results

This page shows the headlines. The report has every result from the poll and our summary of what it means for private credit.

Engage 2026 · ReportMood
of the
Market
Full results and Oxane’s summary
  • Every answer to all three questions, in full
  • Banks and funds compared, question by question
  • Who took part: firm types and areas of credit
  • Oxane’s summary of what it means for 2027 and beyond