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Susan Kasser
Head of private debt at Neuberger Berman, overseeing a large direct lending platform and $25 billion of investor capital with extensive experience at major firms like Carlyle and Goldman Sachs.
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Jan 15, 2026
• 46min
Neuberger Sees More Gain Than Pain in Private Debt Market
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Susan Kasser, Head of Private Debt at Neuberger Berman and seasoned veteran from firms like Carlyle and Goldman Sachs, shares her insights on the private debt market. Despite negative media coverage, she reveals that direct loans offer a significant premium over traded debt, with Neuberger's impressive one-basis-point annualized loss rate. Kasser discusses how AI enhances deal sourcing and stresses the importance of selectivity. She analyzes the robust pipeline in U.S. direct lending and addresses sector focuses, while cautioning about persistent negative headlines.
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