10th March 2021

European Direct Lending - Review and Outlook


We are pleased to publish a Review and Outlook of European Direct Lending, written by Saïd Business School-University of Oxford with the assistance of proprietary data from Pemberton, and a legal perspective on the direct lending market by Latham & Watkins. The report documents the characteristics of private debt with a focus on direct lending, investigates the reasons behind its rapid growth, sheds light on the inherent opportunities as well as risks, and provides a discussion of potential future scenarios with a focus on the European market.

The report analyses trends and other factors affecting the outlook for direct lending in Europe and you can download the summary below and watch a discussion between Professor Tim Jenkinson at Saïd Business School, University of Oxford and our Managing Partner Symon Drake-Brockman who discuss the findings of the report, the European Direct Lending market, the risks and opportunities and what is driving the overall growth. They also delve into the impact of the pandemic.

The full report can be requested from marketing@pembertonam.com.

Download the summary

About the authors

Paul Aldrich

Partner, People, Performance & Marketing

Andrew Benson

Executive Director, Senior Loan

Robin Challis

Partner, Strategic Credit