Claire Coe Smith

Consolidation continues apace in the mid-market as private credit seeks out new origination channels.

As investors place greater emphasis on diversification, this often-overlooked sector is gaining attention – despite the risks.

A confluence of macroeconomic tailwinds and cleverly structured portfolios means that the European mid-market is well placed to endure a challenging credit cycle.

LP interest in European opportunities against a challenging geopolitical backdrop has been well publicised, but how can lenders differentiate their offerings in an increasingly crowded market?

A wave of evergreen fund launches aimed at opening alternative asset classes to high-net-worth individuals means many are optimistic about the viability of retail investments.

Appetite for credit secondaries, distressed and subordinated debt strategies is growing among LPs – where can the market expect to see the next wave of growth?

An increasingly varied dealmaking environment means lenders are working harder than ever to attract LP interest.

Legislative uncertainty prompts LPs to look beyond US-focused direct lending funds, even as the market retains its dominance in private credit fundraising tables.

The ‘America First’ approach brings new priorities for lenders, with uncertainty a constant presence.

Direct lending may be the most popular strategy for private debt investors, but heightened competition for deals means lenders are branching out.