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Big Swiss Investor Is a Rare Skeptic on Direct-Lending Craze

Big Swiss Investor Is a Rare Skeptic on Direct-Lending Craze
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Direct-Lending Craze Fails to Impress $1 Trillion Fund Trio

(Bloomberg) Private credit is going through a golden era, according to its fans, but a handful of asset managers are refusing to be dazzled by the biggest part of the booming $1.5 trillion market: direct lending.Most Read from BloombergIndia Suspends Visas, Canada Pulls Diplomats Amid TensionsEx-Goldman Bankers Make a Fortune With Controversial Bet on Coal‘Dead Space’ Co-Creator Departs Startup After Newest Game FlopsPassalacqua in Italy’s Lake Como Is Named Best Hotel in the WorldSwiss Life’

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