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PDI Staff Writer

The BDCs voted to boost their 1:1 debt-to-equity ratio, authorising an additional 30% of capital to go toward specialty lending.
Data from the Deloitte Alternative Lender Deal Tracker shows activity has dropped slightly, but private debt continues to gain traction in Europe.
The vehicle committed over $968m so far this year and expects to surpass $1.1bn by year’s end.
Its vehicle will be used to invest in mid-market companies across North America through senior secured first- and second-lien loans.
Data from the Deloitte Alternative Lender Deal Tracker shows activity has dropped slightly, but private debt continues to gain traction in Europe.
The mid-market investment vehicle began its shift away from more arcane investments to traditional corporate term loans.
The vehicle, managed by Darby Overseas Investments, will be used to invest in mid-market companies with at least some of their revenue in US dollars.
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