Secondaries emerge as preferred solution to liquidity and deployment pressures – Private Credit Comment

By Patrick Costello, Claude Risner, Sonia Basmaji

With a subdued M&A market stymying sponsors’ exit opportunities, and confronted with a more challenging backdrop for fundraising, some direct lenders in Europe are eagerly exploring private credit secondaries as a new avenue that can bolster liquidity for the asset class

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TAGS: Direct lending Europe Secondary market Private credit LGT