Mission and Mandate

Mission statement

The Center for Private Credit Accountability is a national nonprofit oversight organization dedicated to bringing transparency, ethical lending standards, and regulatory oversight to the alternative private credit market. Its mandate is not limited to any single class of borrower, industry, or type of private credit transaction. CPCA works to protect independent real estate developers, small businesses, community builders, individuals, and investors from predatory lending practices while promoting greater accountability and responsible conduct throughout the private credit market. CPCA works in the best interests of the public as a whole.

The scope of our mandate

Private credit spans construction and development lending, bridge financing, term loans, revolving facilities, and mezzanine or preferred equity positions. CPCA's work follows the conduct, not the category: wherever private lending practices affect borrowers, investors, or the public interest, they fall within our mandate.

The market's scale makes that mandate consequential. Private credit has grown to an estimated $1.5 to $2 trillion in assets, with assets under management projected to approach $4 trillion by 2030.

Sources: Financial Stability Board, Report on Vulnerabilities in Private Credit, May 2026; Moody's, Private Credit Outlook 2026.

An independent vetting watchdog for institutional allocators

CPCA serves as an independent vetting watchdog on behalf of union pension funds and institutional allocators, helping ensure that investment capital is directed away from predatory managers and toward transparent, responsible lenders.

That role is fiduciary in character. Allocators are responsible for understanding how a manager originates, services, modifies, and enforces loans, and for weighing the reputational and legal exposure those practices can create. CPCA supplies independent analysis and documentation to inform that diligence, without publishing lender names, ratings, or bad actor lists.

How we work

• Rigorous, independent data tracking of borrower experiences and outcomes.
• Plain language borrower education published free of charge.
• Legislative and regulatory advocacy grounded in documented evidence.
• Independent vetting support for pension funds and institutional allocators.

CPCA is a nonprofit oversight organization. It does not provide legal or financial advice.