Bill Brady Quoted by LevFin Insights on Private Credit Opportunities

For its article “US Private Credit Quarterly Insight: Smaller syndicated loans coming due may provide fertile ground for direct lenders’ dealflow,” LevFin Insights quoted special situations & private credit partner Bill Brady. The article discusses insights in U.S. private credit, highlighting that its growth has raised the minimum tranche size in which institutional investors will invest, creating a unique opportunity for direct lenders to refinance loans made in the syndicated loan market in 2018 and 2019.

“Many of our clients are looking at the less competitive sub-$500m deals,” said Bill. “Some of those companies probably don’t have access to some of these banks, and it puts the private debt funds in a more competitive spot. Credit funds are very nimble; they can move up and down market very efficiently.”