Despite market volatility and more, data shows a robust direct lending market in 2025, boosted by the number of new-money loans issued.
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%...
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....
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...
The BDC Quarterly Wrap highlights select data points to provide a readout on BDC growth, structure, financing and asset quality.
Direct lending has been among the fastest growing segments of leveraged finance, with AUM rivaling that of the broadly syndicated loan (BSL) and high-yield bond markets.

Search LSTA