The Fran & Ran Show (Part I): 1Q20 Direct Lending Outlook, with Fran Beyers
|January 10, 2020
Latest news
Direct lending volume fell 3% q-o-q to US$61bn in 3Q26
October 22, 2026
US direct lending issuance weakened in 3Q26, marking its third consecutive quarterly decline. Volume fell 3% quarter-over-quarter to US$61bn, 30%…
US private debt rolling one-year horizon IRR by type
October 22, 2026
Overall, private debt returns for most asset classes in 2025 are showing a decline compared with 2024 levels. Interest rate cuts are part of this story, but the drivers vary by asset class, with the most common explanation being spread compression due to crowded debt strategies, such as direct lending.