Investors Flock to U.S. Lower-Middle-Market Debt

A new survey of private debt investors by Preqin and NXT Capital survey has found that 45% believe that the private debt market is at a peak, and that the coming months will see a correction. In response, investors are looking increasingly to US lower-middle-market direct lending** and counter-cyclical strategies. In fact, the survey reveals that many investors believe that US lower-middle-market direct lending will be less affected by a cycle change and other macroeconomic trends than private debt as a whole.