Leveraged Loan Insight & Analysis – 11/29/2021

Total assets in BDCs climb to over US$180bn

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Total assets in BDCs climbed to over US$180bn in 3Q21, as publicly traded BDC assets increased to US$111bn, up from US$104bn in the prior quarter. In the same period, private/unlisted BDC assets grew to US$70bn from US$57bn.
 
On the private side, Blackstone Private Credit Fund led the way with its portfolio increasing to US$18.9bn in 3Q21 from US$12.1bn, as the fund pulled in money at a rapid clip.