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How different access points shape outcomes in middle-market direct lending, across liquidity, fees, transparency, discounts to NAV, convexity, and downside protection in public BDCs, private vehicles, institutional funds, and secondaries.
Middle Market Direct Lending: A Comparison of Investor Access Points
Alternative Credit
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Middle Market Direct Lending

Comparative Overview

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Secondary Fund Purchases
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Overview: Public BDC Discounts vs. Secondary Purchases
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