The private debt boom. Assets under management in private debt have tripled over the past decade to $812 billion, according to Goldman Sachs data. Because why earn 6% in junk bonds when you can earn 11% in direct lending?

The private debt boom. Assets under management in private debt have tripled over the past decade to $812 billion, according to Goldman Sachs data. Because why earn 6% in junk bonds when you can earn 11% in direct lending? pic.twitter.com/9oqODRksaS

— Tracy Alloway (@tracyalloway) December 12, 2019