Pinebridge to Launch Mid-Market Direct Lending Business

(Opalesque) Three senior middle market professionals have joined PineBridge Investments (PineBridge) to launch its direct lending business, focusing primarily on US-based middle market companies seeking capital for growth, acquisitions, leveraged buyouts and recapitalizations.

Jim Fisher, a middle market industry veteran, will lead the New York-based Private Credit team, joined by Joe Taylor and Doug Lyons. This team will expand PineBridge’s existing $28.5 billion credit platform, which currently includes Bank Loan CLOs, High Yield, as well as a junior capital-focused Structured Capital business. Mr. Fisher and his team have successfully built and led other middle market direct lending platforms over the last 25 years, most recently at Business Development Corp of America…

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