The sectors you pick determine everything that follows.

Source: Cliffwater Direct Lending Index
Latest news
Multiples on PE buyouts
August 6, 2026
This quarter marks our integration of SPI by StepStone as the primary source for US buyout valuation metrics for the PE Breakdown.
US Leveraged Loan Issuance Slows to $76.5b in July
August 6, 2026
The US leveraged loan market has continued to slow from the May level of $104.7b, with approximately $76.5b priced in…