Investing in Direct Lending in Today’s Market Landscape
PGIM Private Capital’s Matt Harvey provides an overview of the direct lending market landscape for investors.
Direct Lending
We use our global office network to provide borrowers access to growth capital from U.S., Canada, U.K. and Europe. Our floating rate, senior secured loans target hold sizes $25 million to $75+ million. Separate and single investor accounts are available.
Investment Strategy
Our regional office network of nearly 200 investment professionals across 14 global offices enables us to source unique and proprietary deal flow, allowing for the flexibility to offer transactions as cross-border or in any one domestic market. This broad origination platform enables greater investment selectivity and grants us access to less-trafficked, non-sponsored deal flow, creating greater portfolio diversification for investors.
With an average tenure of senior management exceeding 20 years at PGIM Private Capital, our experienced investment professionals build close relationships with sponsors and lenders, providing seamless execution. We focus on selective counterparties who have experienced management teams and owners with an economic stake in the company’s success. We use our broad origination capabilities, deep expertise in individual geographic markets, and relationship focus to selectively choose our investments.
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Direct Lending: Filling a Void where Banks Once Stood
With more than $90 billion in assets under management, PGIM Private Capital is one of the largest global managers in the asset class.