BDC Reporter's weekly recap also says BDC common stocks dropped again in the week ended Oct. 9.
Compared with second-quarter actuals, Main Street Capital's preliminary third-quarter 2026 metrics suggest a weaker quarter than three months before, according to BDC Reporter.
BDC Reporter's weekly recap called the week ended Oct. 2 one of the sector's worst and said BDC common stocks dropped again in the week ended Oct. 9.
Reported by The Wrap desk from BDC Reporter, 9fin, BlackRock and Lincoln. Published . Corrections
Investec's Greg Betz says activity has centred on "old economy sectors," while Canyon and Federated Hermes cite energy and defence spending, per Alternative Credit Investor.
Deloitte counts 48% of private credit fund groups refreshing valuations daily on observable market inputs, while BlackRock puts first-lien software loans at about 97% of cost in the second quarter.
BDC Reporter, comparing the figures with second-quarter actuals, says they suggest a BDC performing more weakly than three months before.
Add-on loans to existing borrowers were about 45% of direct-lending deployment in the first nine months, the quarterly update says.
Credit and insurance inflows reached $35.8bn in the third quarter, lifting assets to $480bn.
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