Why Private Credit Is Financing Europe’s Next Debt Cycle, Financial Times | McDermott

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Why private credit is financing Europe’s next debt cycle, Financial Times

Aug 27, 2026

Read time: 2 min

Managing Partner Aymen Mahmoud spoke with the Financial Times about the growing role of private credit in Europe and its increasing importance to institutional investors and borrowers.

Aymen discussed how private fixed income can provide institutional investors with long-dated, contracted cash flows and how private credit is becoming a more established part of the financing landscape.

“At that scale, private credit should actually stop being described as an alternative market and instead become a part of the ordinary financing toolkit,” he said.

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Aymen Mahmoud

Partner

London – 22 Bishopsgate

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