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MSDL vs SCM

Morgan Stanley Direct Lending Fund and STELLUS CAPITAL INVESTMENT CORPORATION

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Morgan Stanley Direct Lending Fund

Morgan Stanley Direct Lending Fund is a business development company. The fund chiefly invests in riskier bonds, issued by middle-market companies or by private equity firms looking to finance their acquisitions.

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STELLUS CAPITAL INVESTMENT CORPORATION

Stellus Capital Investment Corporation is a business development company specializing in investments in private middle-market companies. It invests through first lien, second lien, unitranche, and mezzanine debt financing, often with a corresponding equity investment. The fund prefers to invest in US and Canada. The fund seeks to invest in companies with an EBITDA between $5 million and $50 million.

Open SCM dashboard ↗

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