Inside the $22 trillion world of private capital, an asset class so big it would be the world’s second-largest economy

FortuneSunday, October 26, 2025 at 1:00:00 PM
Inside the $22 trillion world of private capital, an asset class so big it would be the world’s second-largest economy
The private capital market, valued at an astonishing $22 trillion, is becoming a significant player in the global economy, potentially ranking as the second-largest economy worldwide. Within this vast landscape, the emerging private credit sector, estimated to be worth between $1.5 trillion and $3 trillion, is set to play a crucial role in supporting the anticipated data-center expansion in 2025. This growth not only highlights the increasing importance of private investments but also signals a shift in how infrastructure projects are financed, making it a pivotal moment for investors and the economy alike.
— Curated by the World Pulse Now AI Editorial System

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