PERSPECTIVES

Understanding Middle Market Direct Lending: Opportunities, Advantages and Misperceptions

Summary

Middle market direct lending continues to offer a compelling opportunity for institutional investors seeking attractive yields with disciplined risk oversight. This piece explores how relationship-driven underwriting, conservative leverage, and robust structural protections help mitigate downside risk—positioning this segment of the market as a resilient option in today’s evolving credit landscape.

Direct Lending

A diversified, middle market direct lending business focused on first lien, floating rate, senior secured loans.