VPC - Direct Lending Outlook High Return Potential More Deal Activity
2024-03-08 09:00:00 ET
Summary
- In our view, 2024 could extend the trend of rewarding years for investors in direct lending strategies.
- High interest rates in 2023 cooled deal activity, which had hit record levels in 2021 and 2022.
- Looking ahead, we are optimistic that we’ll see another year of strong performance in direct lending strategies, driven by attractive asset yields and resilient fundamental performance among middle market borrowers.
By Brent Humphries & David Kuck
Asset yields may be slightly lower this year. But for disciplined managers with strong portfolios, we think the return potential exceeds historical levels. ...
Direct Lending Outlook High Return Potential, More Deal Activity