Our 2024 Market Outlook Pulse Checks revisit the themes and opportunities we discussed at the beginning of the year and offer our unique insights and perspectives on the current environment.
Despite the mixed backdrop, direct lending portfolios performed well in the first half of 2024 and current market conditions augur further strong performance into year-end. Elevated base rates remain supportive of all-in yields and fund returns. This has reinforced the outperformance of the direct lending asset class relative to traditional fixed income and public credit markets.
Overall, we believe there are deep embedded structural growth drivers in private markets that will continue to support sustainable, multi-year growth and we believe that GP Stakes is a way to gain diversified exposure to some of the most successful and profitable managers.
Economic uncertainty and diminishing sources of traditional capital are leading many companies to consider alternative funding such as sale-leasebacks to optimize their balance sheet and enable future growth. Net lease investments continue to offer investors stability, diversification, and downside protection – key attributes investors crave in today’s market
Reach out to member of our Private Wealth team today. Individual investors, please contact your financial advisor for more information.
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