What are Broadly Syndicated Loans (BSL)? Anastasia Amoroso, iCapital's Chief Investment Strategist, breaks down the recent trend where broadly syndicated loans are regaining market share from private credit, reversing a long-standing shift towards non-bank lending that began after the global financial crisis.
This Private Market Pulse covers the 2024 BSL market surge, replacing some private credit loans due to lower spreads and the reopening of public capital markets. Despite this, private credit remains attractive for its flexibility and customization, indicating both BSL and private credit can coexist based on borrower preferences and market conditions.
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Watch Beyond 60/40 to hear Anastasia Amoroso, iCapital's Chief Investment Strategist, and guests discuss the latest trends and strategies in alternative investing. New episodes release every other week.
