Ari Blaut spoke with Private Debt Investor about strategic activity in the mid-market sector, particularly around distress. He highlighted areas where there may be opportunity, noting that “lots of people are chasing the straightforward direct lending opportunities, but in areas like life sciences, technology, media and receivables, we see managers eyeing a chance to differentiate themselves and gain an edge.”
About S&C’s activity, Ari said, “we have been advising on both the underwriting of opportunistic credit and on working out deals that have got into trouble, and lenders are either taking the keys or having to engineer a restructuring.”
Read: “The return of the mid-market”