Babson Capital Management LLC (Babson Capital), a global investment manager with $149 billion in assets under management and operations on four continents, today announced it has formed a new Chicago-based Middle Market Lending Group to provide senior secured financing solutions to middle-market companies.
The addition of the group will enable Babson Capital to offer a full suite of middle-market financing products, complementing the capabilities of the firm's Mezzanine & Private Equity Group, a provider of mezzanine debt and equity co-investments primarily for mergers and acquisitions and leveraged buyouts. The new team will focus on companies owned by private equity firms or outstanding management teams.
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