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Direct Lending Fundraising Hits Three-Year Low in First Quarter

SPGI
Private Markets & VentureCredit & Bond MarketsMarket Technicals & Flows

Direct-lending strategy funds raised about $10.7 billion in the first quarter, the lowest quarterly total in three years, according to With Intelligence. The figure suggests a cooling fundraising environment for private credit and direct-lending vehicles, though the article provides no further detail on causes or broader market reaction.

Analysis

Direct-lending strategy funds raised about $10.7 billion in the first quarter, the lowest quarterly total in three years, according to With Intelligence. The figure suggests a cooling fundraising environment for private credit and direct-lending vehicles, though the article provides no further detail on causes or broader market reaction.

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