Reuters’ Lawrence Delevingne has a long, thoughtful piece about the new extremes of the direct lending market. The business of lending to middle market companies which are too small to issue syndicated loans or high yield bonds has exploded since 2010, with numerous new entrants. Some of them are too leveraged, and others are offering […]
The global scramble for yield continues… Another large player announces a new direct lending fund… Angelo, Gordon’s Twin Brook Capital Partners Raises over $2.3 Billion of Equity…
SPECIAL: Lessons learned in direct lending