>, by why would the term private credit bring to mind anything to do with retail specifically?

If a layman is unfamiliar that "private credit" is about business debts, and therefore only has intuition via previous exposure to "private X" to guess what it might mean, it's not unreasonable to assume it's about consumer loans.

"private insurance" can be about retail consumer purchased health insurance outside of employer-sponsored group health plans

"private banking" is retail banking (for UHNW individuals)

But "private credit" ... doesn't fit the pattern above because "private" is an overloaded word.

> and, I believe, European

Yes.

It surprises me that most people would read "private credit" to mean "retail credit" by default, but I also come to this loaded with jargon so I guess would defer to others on this. But to be clear, the title is not misleading to anyone who has any familiarity with the financial markets.

With the caveats that banks can originate private credit as long as it is separate from their reserve system credit (and consequently does not increase the money supply when originated)

Outside of finance, people associate "private" with "individual"

That's not the likely definition most will reach for here automatically (especially amidst the constant financial blackpilling).