Total assets in BDCs climb to over US$180bn
Total assets in BDCs climbed to over US$180bn in 3Q21, as publicly traded BDC assets increased to US$111bn, up from US$104bn in the prior quarter. In the same period, private/unlisted BDC assets grew to US$70bn from US$57bn.
On the private side, Blackstone Private Credit Fund led the way with its portfolio increasing to US$18.9bn in 3Q21 from US$12.1bn, as the fund pulled in money at a rapid clip.