Press Release

Federal Reserve Banks of Dallas and New York Open Pilot Survey of the Private Credit Market

November 09, 2026

NEW YORK—The Federal Reserve Banks of Dallas and New York today announced the start of a pilot survey that explores lending trends in the U.S. private credit direct lending market. The survey opens today, November 9, for eligible firms and will close on November 18.

Given the growth of private credit and limited visibility into new private credit lending activity, this survey will provide insight into the availability and provision of credit, the evolution of lending standards in private credit markets, and the implications of these factors for the U.S. economy.

The survey questionnaire is available here. Aggregate level findings will be published in Q1 2027.

Participation is voluntary and participant criteria are available here. The findings of the survey will not be used for supervisory purposes.

Respondents must complete the enrollment form to participate in the survey.

Sign up to receive email alerts for the private credit survey and reference the Frequently Asked Questions for additional information on the survey scope and content.

Media Contacts

New York Fed
Shelley Pitterson
917-698-0510
Shelley.Pitterson@ny.frb.org

Dallas Fed
Jon Prior
214-922-6857
Jon.Prior@dal.frb.org

General Survey Inquiries Contact
Contact DAL.NY.Private.Credit.Survey@dal.frb.org for general survey inquiries.

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