Explore the evolution of direct lending and illiquid credit markets in this 58-minute panel discussion from the Milken Institute. Gain insights from industry experts as they delve into the outlook for nonbank direct lending, the impact of regulatory changes, and the comparison between illiquid and liquid credit markets. Learn about the challenges of manager selection, the potential for market saturation, and the long-term forces shaping the industry. Discover key topics such as private equity partnerships, fee structures, supply and demand dynamics, market evolution, cost of origination, regulatory pressures, and the risks associated with direct lending. Understand the complexities of asset-based lending, investor perspectives, and the importance of building meaningful relationships in the asset management business.
New Horizons - The Evolution of Direct Lending and Illiquid Credit