6min chapter

Center For Investment Excellence cover image

A New Perspective for Credit Investors

Center For Investment Excellence

CHAPTER

Growth of Direct Lending

This chapter explores the significant expansion of the direct lending market, driven by private equity demands, which has doubled in size to $1.5 trillion. It examines the diversification of private credit, the risks involved, and the evolving preferences of borrowers, while addressing concerns about loan quality and potential defaults.

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