LPC: BDC sector splitting into ‘haves’ and ‘have nots’
March 29, 2017 at 14:36 PM EDT
NEW YORK, March 29 (Reuters) - The performance of Business Development Companies (BDCs) is diverging into ‘haves’ and ‘have nots’ as some platforms continue to raise capital and others struggle to perform as conditions in US middle market lending remain challenging.