BDC

Although AI disruption and other threats remain increasingly relevant, Houlihan Lokey data shows resilient portfolio dynamics.

Both BDCs will retain their investment-grade ratings despite the pessimistic near-term outlook.

We examine the top takeaways from Private Debt Investor’s Japan Korea Week at a watershed moment for the global private credit industry.

Asia-Pacific direct lending still demands borrower education but exciting new markets are opening up, says Andrew Schantz, a partner in credit and special situations, Hong Kong, at Bain Capital.

Two reports agree on the challenges and apparent ‘calm’ of 2026, but suggest different views of what comes next.

BDC redemption rates have increased sharply due to numerous macroeconomic issues and uncertainty around the impact of AI, but this could precede a rebound in credit fortunes.

JPMorgan cuts exposure to the publicly traded BDC after downgrades and stock price dive.

Co-CEO Marc Lipschultz pushes back on the ‘panic’ narrative, saying it is driven by sentiment, not fundamentals.

The hedge fund and activist investor says it will target public and private BDCs at 30% or more discounts to NAV.

Four factors weigh on the sector: leverage, redemptions, asset quality and the risk of obsolescence by AI.