The UK private credit market has witnessed one of the most dramatic drop-offs of any major European market in the past two years, with the volume of deals falling from 275 in 2021 to just 158 in 2023, according to the Deloitte Private Debt Deal Tracker. Europe’s largest direct lending market has logged more than 1,600 private credit deals over the past decade, accounting for one-third of private debt transactions across the continent, but its 43 percent decrease in volume over the past two years compares poorly with a 34 percent drop in Germany in the time period...
Regional guide: UK deal volume down sharply amid unpredictable outlook
Europe’s largest direct lending market has decreased by 43% in volume over the past two years.
