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Finding 7757Emerging EvidenceValidation V0

A striking finding is that private equity-backed firms actively switch to direct lending when other financing dries up, substituting rather than reducing borrowing, which helps stabilize the corporate credit cycle during financial shocks.

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Evidence trail

Supporting72% linkage confidence
A striking finding is that private equity-backed firms actively switch to direct lending when other financing dries up, substituting rather than reducing borrowing, which helps stabilize the corporate credit cycle during financial shocks.

key_findings bullet 2 · key_findings

Inspect source: The Cyclicality of Direct Lending →
Knowledge status

This Finding was extracted from the configured corpus. It is versioned, traceable, and may evolve through editorial review or new corpus evidence.