Direct Lending is a type of Private Credit strategy that makes direct, illiquid loans to middle market companies outside of the traditional banking system. Direct Lending usually refers to first lien ...

The prime task of an investor is to find opportunities with gaps between price and value, with price being fairly straightforward and value more of a challenge to assess. A common approach to estimate ...

The last five years have been full of surprises. In their Bulletin, the Broad Markets Fixed Income Team reviews the past month and looks ahead to 2025. There is no guarantee that any investment ...