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Rajib Chanda Quoted in FundFire on Sales of Direct Lending BDCs to Institutions
11.20.18
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Corporate Partner Rajib Chanda was quoted in an article in FundFire, a Financial Times news service, titled “Managers Aim More Direct Lending BDCs at Institutions,” which discusses how new direct lending products in the registered business development company (BDC) format are tapping into growing interest from institutions.
As interest rates and appetite for direct lending strategies have been rising, more institutions are finding BDC features to be a favorable choice. Established players will likely pave the way for even more entrants, stated Rajib. “Having the established players set the market will increase awareness of these products.”
To read the article, please click here (subscription required).