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At 43.6% of all capital raised in the US through the first half of 2026, direct lending remains the largest category of the asset class. Multistrategy came second in size, accounting for 36.8% of capital raised, while distressed debt funds and special situations raised only 5.4%. In comparison, in 2025, these two categories totaled 28.8%—the second-largest category after direct lending (36.7%).
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Information Technology Topped Nonaccruals on a Cost Basis
October 7, 2026
The information technology sector moved from second place in the first quarter to the top of the list in the second quarter
Information Technology Topped Nonaccruals on a Cost Basis
October 7, 2026
The 50 largest BDCs, on the basis of total debt investments as of the second quarter of 2026, accounted for 75% of the total aggregate reported value of nonaccrual debt at cost and fair value.
