Scott Kapnick, HPS Investment Partners CEO, discussed the future of private credit at Bloomberg Invest 2026 in New York. Speaking with Bloomberg's Dani Burger, Kapnick outlined the industry's next growth phase under BlackRock's ownership. The conversation centered on how private credit markets are evolving and what opportunities lie ahead for investors.

The discussion comes as private credit continues to expand rapidly, filling gaps left by traditional banking. Kapnick emphasized how HPS's integration with BlackRock has positioned the firm to capitalize on emerging market trends. The sector has seen significant inflows as investors seek higher yields in a low-interest-rate environment.

Kapnick's insights reflect broader industry shifts as private credit matures beyond its traditional middle-market focus. The segment's growth trajectory suggests continued institutional adoption, with firms like HPS leading the charge. His perspective offers valuable context for market participants navigating this evolving landscape.