Corporate
Aug. 15, 2014
State lending law could pose headaches for funds
After banks tightened up their lending activity in response to the financial crisis, a business opportunity opened up for other sorts of financial players.
Daily Journal Staff Writer
After banks tightened up their lending activity in response to the financial crisis, a business opportunity opened up for other sorts of financial players. Institutional investors, hedge fund managers and private equity funds stepped in where some banks left off and increased their direct lending to businesses. The strategy has diversified portfolios heavy with equity investments and other stock holdings. <...
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