Atalante says European direct lending AUM tops $292 billion in 2023, up more than tenfold since 2013

• Atalante SAS flagged rapid expansion in European direct lending, with AUM rising to more than USD 292 billion in 2023 from about USD 26 billion in 2013.
• Direct lending now represents almost half of the European private debt market, outpacing other private debt segments.
• Basel IV rules are raising banks’ lending costs, accelerating the shift toward private credit.
• European infrastructure, energy security, defense financing needs are supporting demand for non-bank funding.
• Borrowers increasingly favor direct lenders for certainty, flexibility, speed; global investors seek greater geographic diversification within private credit.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Atalante SAS published the original content used to generate this news brief on September 11, 2026, and is solely responsible for the information contained therein.