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Politics and red tape are preventing bailout funds from reaching the companies that need them most, reports Robin Blumenthal
Our annual conference in New York (virtual of course) lifted the lid on how participants in the direct lending market are faring in a changed landscape.
The inaugural Senior Loan Fund doubled its initial target of $1.5bn, and will focus on sponsor-backed companies in the US and Canada.
A faltering global economy is opening up a new era for US private debt. Although there is nervousness about what the future holds, there is also a sense of opportunity amid the chaos.

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