Article
Partners Michael Mullins and Russell Casper Author “Financing the Middle Market: Growth and Evolution” for The Journal of Structured Finance
Article
Partners Michael Mullins and Russell Casper Author “Financing the Middle Market: Growth and Evolution” for The Journal of Structured Finance
November 27, 2019
This article was originally published in The Journal of Structured Finance. Any opinions in this article are not those of Winston & Strawn or its clients. The opinions in this article are the authors’ opinions only.
Middle market lending has become a highly competitive environment, both in terms of lenders competing for transactions as well as the capital structures and financings that support the market. As the array of products offered by middle market lenders becomes more complex, so does the method by which those lenders seek to finance those offerings.
The increasing interest in the middle market from investors and asset managers has led to an evolution in the market and diversification of the investor base as middle market lenders seek to achieve their desired returns.
In their latest article for The Journal of Structured Finance, Winston Partners Michael Mullins and Russell Casper discuss traditional providers of middle market loans, middle market CLOs and leverage facilities, evolving sources of capital to middle market lenders, traditional bank facilities, and alternative facilities.