European Direct Lending: Strong Return Potential for Disciplined Investors - Seguridad Mania.com - España y América Latina

Despite recent spread compression, current all-in yields in the European direct lending market remain attractive when compared to both historical levels and the North American market. At the same time, the asset class continues to offer compelling relative value on a risk-adjusted basis. In addition, while M&A has been subdued recently, dealflow for high quality deals throughout Europe persists—and the gap between buyer and seller pricing expectations is somewhat closing. Please join Stuart Mathieson, Head of European Private Credit & Capital Solutions, and Orla Walsh, Managing Director, Europe Private Credit, as they explore the European direct lending landscape and shed light on the opportunities and challenges facing investors. Stuart and Orla will also discuss why a disciplined approach is key to navigating this space. Key topics include: • The benefit of scale and incumbency, long-term sponsor relationships, and the permanency of capital base • Why sponsors are willing to pay an ‘illiquidity’ premium for certainty of execution and flexibility of debt packages