Direct lending valuations don’t always move with the market, and that’s often misunderstood.

In part four of our “Cutting through the noise” series, Partner Fabian Körzendörfer  explains why direct lending valuations are anchored in borrower fundamentals and repayment outlook. What may look like lagging marks can reflect a more prudent approach, and why underwriting and manager selection are so important.

Watch the video below to learn more.

In case you missed it, check out our whitepaper on this topic here.

Valuations — conservative by design

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