Subject: Re: PE Lending & Bank Lending
SME lending seems to be more the domain of local and regional banks and not so much the big money center banks like JPM and BAC.

However, there has been discussion of Private Credit going after larger loans - big M&A deals, restructurings, bankruptcy liquidity.

There's even been talk of Private Credit bringing deals to the money center banks so that they can syndicate and spread the credit risk around bigger groups.