The Pulse of Private Equity – 9/26/2022

Direct lending keeps replenishing


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PitchBook’s latest Private Debt Report is now available. Direct lending is “the standout strategy” among private lenders, now accounting for more than a third of all capital raised in the private debt market. The ratio was actually higher last year, 46.5%. Direct lending is joined at the hip with PE dealmaking, which hit $2 trillion in activity between the US and Europe last year.