The often steady sectoral mix of direct lending deals shifted notably in the first quarter, with Healthcare displacing Technology as the sector receiving the largest share of direct lending deployment, according to LCD data. The latest US Private Credit Monitor shows that healthcare deals made up 22% of direct lending issuance YTD through March, up from 18% in 2025, while Tech’s share slipped to 14% YTD from 18% in 2025.
Read the full article: Healthcare Displaces Technology as the Sector Receiving the Largest Share of Direct Lending Deployment //
Source: https://pitchbook.com/news/articles/software-sting-tech-share-of-direct-lending-deals-drops-in-q1-us-private-credit-monitor