%20(Blog%20Banner).png)
Institutional investors are increasingly using business development companies (BDCs) to access the private credit market. This has led asset managers to reconsider BDCs, originally designed for retail investors. Companies like Oak Hill Advisors, Fidelity Investments, Jefferies Financial Group, and Churchill Asset Management have all launched their first non-traded BDCs to meet this demand. BDCs, initially created for small companies to raise capital from retail investors, are now gaining popularity among pensions, insurers, family offices, and international institutions.
