Large-Cap Funds Edge Into Mid-Market, Raising Competitive Pressure
Mega-funds, driven by scale and operational efficiency, are increasingly targeting large-cap deals and competing with the broadly syndicated market. While their presence has pressured traditional mid-market players in recent years, this may ease if M&A volumes rebound and big funds refocus on large transactions. For now, mid-market lenders face a shifting landscape where flexibility and borrower solutions remain key differentiators.
