The manager, not the market, decides value in direct lending

By Randy Schwimmer, head of capital markets and origination, Churchill Asset Management

Mid market loan spreads are contracting, but that’s a reflection of low volatility not excess cash

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TAGS: Direct lending Pricing Leveraged loans Churchill Performance North America

Comment by: Anonymous. Posted 6 months ago [2019-12-10 17:47:52]

Markets determine what something is worth, not the investment manager.