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Mid-market direct lending is “now demonstrating signs of material deterioration in credit underwriting and future return potential”, according to a report by consultancy Willis Towers Watson, which is instead recommending its clients invest in debt for US real estate and UK commercial real estate.

Alex Janiaud | August 14, 2018

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Mid-market direct lending approach 'too constraining', WTW says

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Mid-market direct lending approach 'too constraining', WTW says

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