Fuse Blog

Pure Private Credit Interval Funds: Few in Number, Mighty in AUM

  • As of 3Q24, credit/income-focused interval funds held $61.9 billion across 73 funds.
  • Interval funds have grown rapidly, driven by private credit’s popularity, but less than a third of all credit/income funds allocate >75% to private credit.
  • However, these 24 funds hold 63% of the total AUM, reflecting their outsized influence.
Blog 2.20.2025