Direct Lenders Stay in Vogue

Star Mountain Capital‘s Founder & CEO, Brett Hickey, was recently featured in a Bloomberg.com post written by Kelsey Butler “Direct Lenders Stay In Vogue as Fundraising Tops $23 Billion“.

Fierce competition among lenders has reduced yields and eroded investor protections in deals. Yet supporters of private debt are still willing to put money to work amid expectations it will withstand a downturn better than some other asset classes such as junk bonds because the loans are typically first in line for repayment if a company runs into trouble.

The appetite for direct lending continues to be strong,” said Brett Hickey. Particularly as investors worry more about the future economy, they like putting money into the safer part of the capital structure.”

Read the full article here.

RELATED POSTS

Media Coverage

Media Coverage

TresVista Talk with Brett Hickey: Building Business Success and Navigating Economic Trends

READ MORE
Media Coverage

Former Columbia Threadneedle ($650+ bn AUM) Head of North America and President of Fidelity Institutional Asset Management, Scott E. Couto, Promoted to President of Star Mountain Capital

READ MORE
Media Coverage

Lloyd A. Sprung, previously Head of Restructuring and Debt Advisory at UBS, joins Star Mountain Capital as Senior Advisor

READ MORE