Alternative Finance in the Middle Market

The strength of publicly traded business development companies, or BDCs, is their ability to lend up and down the capital structure, filling a void when more traditional avenues of finance are unavailable, says Leonard Tannenbaum, CEO of Fifth Street Finance.  In this candid interview, the outspoken Tannenbaum discusses the flexibility of the BDC structure, its benefits for borrowers, and how to optimize a lending portfolio for a BDC’s own investors.