Hello Friends,
Welcome to the March edition of Private Credit Insights. This month, we offer some perspectives on key considerations related to the lower middle market lending landscape.
According to McKinsey & Company, "A new private credit ecosystem is emerging across asset managers, banks, and insurers." In fact, they report that the asset class is roughly 10 times larger than in 2009 with growth largely concentrated in direct lending.
Private credit has become a prominent source of funds for entrepreneurs and other business owners. It offers a number of benefits in terms of personalized service and flexibility compared to traditional sources. We hope our examining the evolution of the marketplace will be valuable in evaluating its potential for you and opportunities in your orbit.
We also offer an overview of the advantages of securitization on the heels of our attendance at the annual SFVegas conference held last month. Securitization can help entrepreneurs unlock new access to capital as part of a balanced funding program.
Sharing opportunities for growth and resilience in your investments is our top priority. We value your support of Private Credit Insights, welcome any input you may have on topics that are of most interest to you, and invite you to share PCI with anyone whom you believe would find it useful.
Here's to a partnership focused on the future and your continued prosperity.
Until next month, stay well and financially nimble.
Thank you,