In Q2 2024, private credit investing is tracking a 12% YoY growth pace, outperforming global fixed income. Stock analysts expect listed business development companies (BDCs) to see earnings upgrades as spreads remain wider than early Such independent risk assessments would help promote greater confidence in the asset class, especially given its illiquid nature. "One of the main benefits and reasons we've seen this rush... is that it can provide low to even high, double-digit type income and distribution yield," Nardini added. Recent regulatory developments in private credit investing, including Basel III implications, are reshaping bank-equity valuations, as capital shifts toward non-bank lenders.
