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US Direct Lending Rankings 9M'25

The 9M’25 US Direct Lending Rankings provide deep insight into direct lender activity in the first nine months of 2025, including:

  • Deal size–including large-cap, middle market and lower middle market
  • Use of proceeds
  • Direct lending by sector, including healthcare, software and business services

Compare against the H1’25 rankings.

Learn more about Octus Private Credit & Deal Origination Insights.