PE Giants Losing Power? Direct Lending Dominance PLUMMETS to 60%… FAST!
Did you know that Private Equity firms are rapidly losing their once-dominant grip on the massive US direct lending market, plummeting from over 8 in 10 deals to roughly 6 in 10? Surprisingly, this isn't due to a surge in non-sponsored businesses, but rather a significant and ongoing slowdown in PE dealmaking itself. Firms are grappling with a growing backlog of aging portfolio companies and slower exits, which has crippled new leveraged buyout formation, historically the engine of direct lending. While the number of deals has fallen, the estimated volume has actually risen, indicating fewer but larger transactions are now shaping the market. Understand the full implications of this critical financial shift by subscribing to our channel today!
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