Petra's Managing Director of Credit Adam Weiss was recently featured in Alternative Credit Investor's magazine feature on direct lending. Adam provided his insight into the current state of the market.
Everybody seems to want a piece of the direct lending market at the moment. But as a multitude of new opportunities hit the market, investors should be prepared to up their due diligence.
"Massive pockets of capital have gone into the space. Many banks such as Wells Fargo and Barclays have partnered together for direct lending and private credit pushes. There's also been a large increase lately in the registered independent adviser channel looking to go into private credit as well," says Adam.
Read the article here.
