January 20, 2020 “56% of global respondents plan to increase their allocations to private credit.” – BlackRock 2019 Global Institutional Survey The fact that over half of the institutional investors in BlackRock’s survey said that they were rebalancing their assets towards private credit should come as little surprise: figures provided by Deloitte show that, if it continues on its current …

What’s direct lending? Old-fashioned bank lending — without the bank. As tougher regulations reshaped the post-financial crisis landscape, traditional banks have cut back on business lending. That’s created a raft of opportunities: For a growing group of asset managers who are making the loans; for borrowers, including not only mid-sized companies but some big enough to tap the syndicated debt markets if they wanted; …

For small or medium-sized businesses, finding timely operating capital to keep the business moving forward can be extremely challenging. It is imperative for companies to understand that every lender or source of capital has a different cost, return expectation, level of underwriting and timing to close. As they say, you need to “know your audience.” Traditional banks are always a …

Certain private credit and debt funds can help stabilize the financial markets and promote economic resilience in times when banks are unable to loan money, new research finds.  The rise of private debt funds following the 2008 recession has prompted some concern among regulators. But a paper published on February 13 and entitled “Nonbank Credit” finds that private credit funds …