Loan traders at investment banks have much greater knowledge of recent trades than buy-side counterparts, especially if the bank is also the administrative agent and thus executes a high percentage of trades. This dynamic does not exist is the bon...

Streamline loan transfers from the BDC parent to captive vehicles (CLOs and SPVs). Current processes require numerous manual steps with the result that transfers are executed only after substantial cash build within the captive vehicles. Private C...