This Expert Q&A analyzes the key structural, legal, and regulatory challenges facing the private credit market, offering practical guidance on managing risk and navigating emerging opportunities.
This session helped participants become better equipped to read a BDC filing—showing where to locate key data points across footnotes, schedules, and disclosures.
This replay helps viewers become better equipped to read a BDC filing—showing where to find key data points across footnotes, schedules, and disclosures.
The BDC Quarterly Wrap highlights select data points to provide a readout on BDC growth, structure, financing and asset quality. For context, the data includes BDCs that reported financials by May 21st, or 166 of the 167 funds in the BDC universe. Market. In 1Q25, Business Development Companies’ (BDCs) assets under management (AUM) jumped 38%...
Analysis & Data, LSTA publications on the private corporate credit market
The BDC Quarterly Wrap highlights select data points to provide a readout on BDC growth, structure, financing and asset quality. For context, growth data includes the entire BDC universe, which consists of 161 funds; all other data captures BDCs reporting financials by March 20th, representing a universe of 128 funds (representing 96% of assets). Market....
Analysis & Data, LSTA publications on the private corporate credit market
The BDC Quarterly Wrap highlights select data points to provide a readout on BDC growth, structure, financing and asset quality. For context, growth data includes the entire BDC universe, which consists of 159 funds; all other data captures BDCs reporting financials by December 2nd, representing a universe of 155 funds. Market. In 3Q24, Business Development...
Analysis & Data, LSTA publications on the private corporate credit market
BDCs have become significant players in the private credit landscape, with publicly traded, non-traded, and private BDCs offering varying levels of liquidity.
As we’ve highlighted previously,funds that invest in private corporate credit (PCC) (e.g., commingled funds, separately managed accounts and business development companies (BDCs)) often utilize collateralized loan obligations (CLOs) as a financing mechanism.
Over the last several years, managers of directly originated and negotiated loans have flocked to business development companies, or BDCs, as their main investment vehicle of choice. We have assembled a group of industry leaders in the BDC space who will give us a primer on BDCs, followed by a deep dive into the world...
Over the last several years, managers of directly originated and negotiated loans have flocked to business development companies, or BDCs, as their main investment vehicle of choice. We assembled a group of industry leaders in the BDC space who will give us a primer on BDCs, followed by a deep dive into the world of...
