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Read PDI's Women in Private Funds Q&A where Laura Parrott discusses the latest innovations in private credit and why the asset class continues to be an attractive destination for women.
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Trace the rise of European direct lending from its origins in Michael Milken's 1980s junk bond revolution to today's record-breaking market. Discover how a handful of pioneering firms—Ares, ICG, Hayfin, and Arcmont—transformed from private equity's "last resort" into their "first port of call," now dominating nearly half the market they helped create in the aftermath of the 2008 financial crisis.
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