European direct lending picking up steam

The Q3 2017 version of Deloitte’s Alternative Lender Deal Tracker shows direct lending up more than a third over the same quarter last year.

As the European economic backdrop has improved, direct lending has gathered momentum. The 17th iteration of Deloitte’s Alternative Lender Deal Tracker shows a 15 percent increase in alternative lending deals in the 12 months to the end of Q3, and a 34 percent increase in the quarter compared with the same period of last year.

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