PGIM Private Capital Provides $14.9B of Senior Debt and Junior Capital Globally in 2024
The pace of originations was strong throughout 2024, surpassing the previous year.
The pace of originations was strong throughout 2024, surpassing the previous year.
Leveraging insights from investment professionals across our businesses, PGIM examines the forces driving convergence between public and private credit.
As demand for non-bank capital increases and yields remain attractive on a historical basis, direct lending continues to grow as an asset class.
IAS’s Junying Shen discusses recent trends, risks and opportunities in private credit with PGIM Private Capital’s Tony Coletta.
As demand for non-bank capital increases and yields remain attractive on a historical basis, direct lending continues to grow as an asset class.
Direct lending and mezzanine present a strong investment case across economic cycles, and more opportunities will arise as M&A activity thaws.
*Sources of data (unless otherwise noted) are as of 3/31/2025.