Private market assets have increasingly become a go-to investment for financial advisors. 401(k) plan access, newer interval funds and other evolving investment pathways to alternatives are opening ...

A Houlihan Lokey report found signals of distress are high in loans to small companies, but the real risk is in still-healthy ...

President Joe Biden released a $7.3 trillion budget proposal this week that could potentially spur a new pathway to capital for small businesses. The president’s 2025 budget requested $971 million for ...

Banks' exposure to private credit funds could reach $1 trillion globally, raising fears of broader financial contagion ...

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings.

Private credit is going through a golden era, according to its fans, but a handful of asset managers are refusing to be dazzled by the biggest part of the booming $1.5 trillion market: direct lending.

The environment was quite constructive to start 2025, with significant deal flow carrying over from 2024 and expectations for improved business conditions. Business and economic conditions are now ...

Trump's cap on student-loan borrowing for advanced degrees has prompted colleges to create new lending programs to fill ...

JPMorgan Chase & Co. is dramatically ramping up its direct-lending effort, setting aside an additional $50 billion to capture a bigger chunk of the fast-growing market. The bank is making the fresh ...

In our view, 2024 could extend the trend of rewarding years for investors in direct lending strategies. High interest rates in 2023 cooled deal activity, which had hit record levels in 2021 and 2022.

Many investors are unfamiliar with tax receivable agreements (TRAs)—and due to TRAs’ unique investment characteristics, investors often wonder where they belong from an asset allocation standpoint.

This content was paid for by an advertiser and created in collaboration with P&I Custom Content. Direct lending to middle-market companies can be an attractive asset class for institutional investors.