FRE
1 statements across 1 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement Nov 17, 2025 by David Lyon · across every show →
Everything said about FRE, oldest first
Nov 17, 2025 neutral
Lyon: Direct lending growth is driven by asset managers chasing fee-related earnings
“Now what you're seeing is those businesses are attached to a lot of very large alternative asset managers, many of whom trade on FRE. A good way to create FRE is to take several billion dollars of loans and charge one percent on them. That's what you're seeing…”