Direct Lending Outlook: Projecting Continued Growth - Morgan …
WEB4 days ago — We believe that direct lending is positioned for continued growth for three fundamental reasons: (1) the U.S. middle market is large; (2) private equity dry powder remains at record high levels and refinancing volumes are expected to remain high; and (3) there are enduring structural benefits for borrowers. Cutting through the Noise Despite ...
Direct Lending Outlook: High Return Potential, More Deal Activity
WEBSimply put: high base rates lead to high yields on loans, and that suggests higher return potential for direct lenders (Display). New Issue Yields Expected to Stay in Double-Digit Territory
Goldman Sachs raises more than $20 bln for direct lending
WEBMay 29, 2024 — Goldman Sachs Asset Management's alternative investments platform said on Wednesday its latest fund had raised more than $20 billion for senior direct lending.
JPMorgan takes on direct lenders with leveraged loans unit
WEBJul 20, 2022 — JPMorgan Chase’s investment bank has set up a unit to compete with growing competition from direct lenders, committing a “significant chunk of capital” to hold leveraged loans on its balance ...
Direct Lending Moves Forward - Bernstein
WEBIn our view, 2024 could extend the trend of rewarding years for investors in direct lending strategies. While higher-for-longer interest rates, slower growth and stickier inflation may present challenges for some borrowers, we don’t expect credit losses to become unhinged.
Direct Lending: Recent Trends and Outlook for 2024 - PGIM
WEBMay 6, 2024 — PGIM Private Capital’s Head of Direct Lending, Matt Harvey, identifies notable market developments from recent months and explains how PGIM Private Capital is ideally placed to take advantage of the evolution of …
Goldman Sachs pulls in more than $20bn to invest in private credit
WEBMay 29, 2024 — Goldman Sachs has amassed more than $20bn to invest in private credit, giving it firepower to push ahead in one of the fastest-growing corners of the asset management industry.
Morgan Stanley Direct Lending Fund raises $103.35 mln in IPO
WEBJan 23 (Reuters) - Morgan Stanley Direct Lending Fund (MSDL.N) said on Tuesday it had raised $103.35 million in its initial public offering. The fund chiefly invests in riskier bonds, like those...
Direct lending - Financial Times
WEBJun 18, 2023 — JPMorgan takes on direct lenders with leveraged loans unit. Bank hopes to cash in on boom in private credit and will keep debt on its own balance sheet. April 19 2022. Private equity.
Blackstone Gets $8 Billion in First Close of Direct Lending Fund
WEBNov 16, 2023 — Blackstone Inc. has raised $8 billion from institutional investors in the first close of a fresh direct lending fundraise, people with knowledge of the matter said.