Keeping Pace with Private Debt Markets
As private debt becomes a more common part of portfolio conversations, investment professionals need more than surface-level familiarity with the asset class.
The CAIA.nxt™ Private Debt Microcredential helps you build a practical understanding of private debt markets, investment structures, risks, and portfolio applications. Designed for busy professionals, the program delivers flexible, engaging learning you can apply immediately.

A Closer Look at Private Debt
Offered entirely online, the Private Debt Microcredential is a five-hour program that explores the private debt ecosystem, investment structures, risk considerations, and portfolio applications shaping this rapidly growing asset class.
Each module is designed to build your understanding step by step.
Module 1
The Fundamentals of Private Debt
- An Introduction to Private Equity
- Public vs. Private Equity Markets
- Performance Measurement in Private Equity
- The Three Styles of Private Equity Investing
- Private Equity Performance Expectations
Module 2
Private Corporate Lending
- Trends in Private Corporate Lending
- Secured Direct Lending
- Mezzanine Financing
- Venture Debt
- Distressed Debt
- Risk and Return
Module 3
Asset-Based Lending
- Asset-Based Lending vs. Cash Flow-Based Lending
- Real Estate Debt
- Infrastructure Debt
- Farmland Debt
- Balance Sheet Lending
- Specialty Finance
- Risk and Return
Module 4
Private Debt Portfolio Implementation
- Investment Vehicles
- Performance Measurement
- Asset Allocation
Individual Course Enrollment Fee
US$395*
*Group rates available for teams and organizations. Contact the CAIA.nxt™ team for details at nxt@caia.org.
Supported by the Wealth and Asset Management Industry

Ares Wealth Management Solutions’ (AWMS) mission is to provide advisors and their clients access to innovative, solutions-oriented investment opportunities, across the Ares platform of industry leading credit, private equity, real assets and secondaries strategies. Through our range of institutional and retail structures, coupled with excellent client service and educational resources, we help investors diversify their portfolios with private market solutions that seek to deliver consistent, long-term growth.

Briarcliffe Credit Partners is an exclusively dedicated private credit placement agency. Led by a team with deep expertise and passion for this growing asset class, its differentiated and methodical approach has a demonstrated track record of raising sophisticated institutional investor capital for leading private credit strategies globally.
Recognizing Your Accomplishments
After successfully completing the program, you will be awarded a certificate of completion, as well as a verifiable digital badge from CAIA and through Credly. This program will also qualify for 5 continuing education hours for CFP® Board (US only), Canadian Investment Regulatory Organization (CIRO), and Investments and Wealth Institute members.

