Crescent Private Credit Insights: August 2025

Direct Lending in the U.S. Middle Market: Stability Amid Uncertainty

August 2025 – U.S. Middle Market Direct Lending continues to stand out as a resilient, yield-oriented asset class offering stability amid today’s market uncertainty. In the latest edition of our Private Credit Insights series, Crescent President Chris Wright and Managing Director Chris Wang examine why the fundamentals of this segment remain strong despite global and domestic challenges.