Mid-Market

MGG Investment Group: Let the private credit Hunger Games begin

Lenders to sponsors face declining odds and a rise in creditor-on-creditor violence, says Greg Racz, president and co-founder, and Daniel Leger, managing director at MGG Investment Group.

Mid-market takeaways from PDI Europe

Mid-market lending came in for scrutiny at Private Debt Investor’s Europe Summit in London, with investors raking over what defines the sector and where it needs to look next.

Dunport Capital Management dispels lower mid-market myths

There are some common misconceptions associated with lower mid-market lending, says DunPort Capital Management’s Ross Morrow.

BlackRock’s Caron: ‘Returns have never been so high’

M&A activity will pick up as borrowers and lenders gain confidence from a more stabilised rate environment, says the firm’s head of European mid-market private debt.

Barings: How and why direct lending business models are diverging

Direct lending deals are getting bigger – but arguably, the most compelling relative value still lies in the traditional or ‘true’ mid-market, say Barings’ Tyler Gately and Stuart Mathieson.

RBC BlueBay Asset Management: Capitalising on special situations in the mid-market

Stressed investments that don’t require restructuring can prove a rich source of performance, says Adam Phillips from RBC BlueBay Asset Management.

Three key trends in mid-market lending

The mid-market appears all set for a soft landing after promising start to 2024.

Twin Brook Capital Partners: Capital structures remain key to recovery

Default rates are starting to increase in the upper mid-market, making credit terms more important than ever, says TPG Twin Brook Capital Partners’ Kim Trick.

Churchill Asset Management: The portfolio effect

Platform deal volumes may still be down, but portfolio-based activity is keeping lenders busy, say Churchill Asset Management’s Jason Strife and Mat Linett.

Lombard Odier unit sees growth in sustainable private credit

Manager finances energy storage developer as part of a broader expansion of US operations to take advantage of the Basel III endgame and ABL.