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Alternatives

U.S. direct lending: The portfolio effect

Jason W. Strife
Head of Junior Capital & Private Equity Solutions, Churchill Asset Management
Mat Linett
Head of Senior Lending, Churchill Asset Management
03 Jun 2024  
1 min read
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In a recent Q&A interview with Private Debt Investor, Churchill Asset Management’s Jason Strife and Mat Linett discuss why platform deal volumes may still be down while portfolio-based activity is keeping lenders busy.

Questions asked:

  • To what extent has loan volume picked up compared to a lackluster 2023?
  • How has the resurgence of the BSL market affected senior lending in the private credit industry?
  • What dynamics are at play when it comes to the junior capital market?
  • How are private credit portfolios holding up in this higher-for-longer interest rate environment and what are your expectations for loan defaults in 2024?
  • Which managers are best positioned to succeed in this environment?
  • What sectors are Churchill finding the most attractive today?
     

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About the authors

Man

Jason W. Strife

Head of Junior Capital & Private Equity Solutions, Churchill Asset Management
Mathew

Mat Linett

Head of Senior Lending, Churchill Asset Management

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