(Bloomberg) Why Direct Lending Is a Booming Part of Private Debt
Investor demand and their search for yield has contributed to the continued growth of Private Credit and specifically, direct lending in 2019. There seems to be no signs of slowing down in 2020 with 39% of investors saying they expect to increase their commitments to private debt funds in the next 12 months.
What happens when things slow down? Can the non-bank lenders survive?