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Billionaire Lawrence Golub, founder of Golub Capital, has emphatically dismissed fears that private credit and direct lending are in a bubble. Speaking at a financial summit, he argued that direct lending enhances traditional portfolios and remains less saturated in core middle markets. Analysts suggest his comments address growing sector scrutiny following major corporate defaults.
Lawrence Golub, billionaire founder and CEO of Golub Capital, has reportedly dismissed concerns that the rapid expansion of private credit and direct lending indicates a market bubble. Speaking at the ninth annual Forbes/SHOOK Top Advisor Summit in Las Vegas, sources indicate Golub emphasized that direct lending continues to provide investors with superior risk-adjusted returns and serves as a hedging tool for traditional stock-and-bond portfolios.