The streets of Silicon Valley may be littered with venture capital and private equity firms these days, but more direct lenders are setting up shop as the digitization of our daily lives is set to soar for years to come.
“Software technology is a very exciting space and it’s very early,” said Chris Lund, co-portfolio manager for institutional portfolios at Monroe Capital in Chicago.
Although private equity valuations may be softening in the technology space generally, the defensiveness of software and technology lending remains consistent, according to Lund. In his view, the likelihood . . .
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