Current state of the global ABS market – A tale of cautious optimism?

Private Credit BDCs and Selective Opportunity

The panel briefly examines private credit BDCs as an investment opportunity, noting that spreads widened significantly during the Iran war before partially recovering. Investors are urged to conduct granular analysis of individual BDC managers, assessing second-lien exposure, software sector risk, and underwriting track records rather than writing off the asset class entirely.

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