Direct Lending strategies still raking in capital

摘要

Investors continue to inject capital into US middle market direct lending strategies at a pace that could result in 2018 fundraising surpassing the record tallies seen in 2016 and 2017. So far in 2018, US$35bn has been raised for middle market strategies, including direct lending funds, private debt funds, middle market CLO funds and Business Development Company (BDC) equity raises, according to Thomson Reuters LPC data. Another US$29bn has been announced, but not yet closed. This comes on the heels of US$69bn for all of 2017 and a total of US$61bn for 2016.