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Non-bank business lenders are finishing the year strongly, with a number of recent capital raising initiatives by lenders operating through managed investment schemes and a recovery in the securitisation market in the second half of the year
Maple-Brown Abbott distribution head Duncan Hodnett has jumped across to a specialist middle-market corporate direct lending fund manager in the same role.
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Business lender Epsilon Direct Lending is building on the success of its initial loan fund, with the launch of a new fund targeting senior secured loans for middle market companies.
The strategy targets mid-market corporate borrowers with $25 million to $500 million annual turnover looking for a loan between $10 million and $60 million.