Mid-Market

Mid-market lending trends: The changing M&A market

Global deal values hit a 20-year low in January, but the picture is mixed.

MGG Investment Group: Closing the barn door after the horse bolts

The time for lender protections is before the economic downturn, say MGG Investment Group’s Daniel Leger and Gregory Racz.

Mid-market lending trends: Why flexibility is king

Fund managers able to play across the capital structure are best placed.

Mid-market lending trends: The need to deal with inflation

Interest rate rises to tame inflationary pressures have ‘wrought havoc’ on private debt portfolios, so how are lenders reacting?

Twin Brook Capital Partners: In the face of uncertainty, relationships matter

A high-touch approach to working with borrowers and private equity sponsors plays a key role in portfolio management, says Kim Trick, co-chief credit officer and head of underwriting at Twin Brook Capital Partners.

Capital Four: Core factors for attractive returns in the lower mid-market

A robust macro backdrop and strong Nordic PE community combined with expert pricing capabilities and leading ESG scoring means a lower mid-market premium, says Sandro Näf, co-founder and CEO of Capital Four.

Benefit Street Partners: Why private credit is the best option for mid-market buyers

We see a historic opportunity to achieve double-digit unlevered returns on senior secured debt through rigorous underwriting and mindful credit selection, says Blair Faulstich, senior portfolio manager at Benefit Street Partners.

Mid-market lending trends: Committing to DE&I

Investors are seeking reassurance about diversity, equity and inclusion.

Mid-market lending trends: The return of distressed debt

Opportunistic credit funds are seeking to benefit from macro uncertainty.

Barings: Higher base rates provide tailwinds for private debt

Investors continue to enjoy a strong debt market, with newer transactions potentially offering lower leverage and increased returns, say Barings’ Adam Wheeler and Mark Flessner.