PDI Picks – 11/26/2018

Direct lending is popular – and thus bucks the trend

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A new survey shows the strategy retaining a strong level of demand, while other areas of private debt lose their allure.

They still can’t get enough. Ever since the global financial crisis, the theme of direct lending has gathered pace – and also gathered increasing piles of limited partner capital. According to a survey of investors recently conducted by sister title Private Equity International, there is very little sign of this enthusiasm waning.