Business Development Corporation fund
- Sector
- SME Finance
- Type
- Private Credit Fund
- Geography
- USA
- Amount
- $5,000,000
- Year
- 2023
Lafayette Square is an impact credit managing the evergreen Business Development Corporation fund. The find will primarily invest via first lien senior secured loans to middle market companies operating in the largely underserved areas between the two coasts. These regions are typically well served by private equity investors but have very few private credit options.