Direct Lending Investments LLC manages the Direct Lending Income Fund, LP., a diversified pool of high-yielding business loans, purchased from a number of non-bank lenders including the likes of IOUCentral.com and QuarterSpot. The goal of the fund is to make these loans available in fund form to accredited investors looking for high income and growth, minimizing inflation risk.
According to the firm, the award recognises the Direct Lending Income Fund’s successful track of records on a risk-adjusted basis. The fund’s performance is attributed to the strong relationships that exist between the firm with its originators, the diversification of the loan portfolio and the high quality of borrower.
The average borrower has been in business for 10 years. Small businesses considered are a mix of doctors, restaurants, gas stations, convenience stores, and other traditional local companies, whose modest borrowing needs of $10,000-$500,000 put them below the threshold for traditional business loans.
Brendan Ross, founder and president of Direct Lending Investments, offered his thoughts:
“We are delighted to be recognized by the world’s leading institutional investors as the best credit fund for long term performance. Fixed income investors are increasingly looking to private credit for higher yields, and we believe that small business loans provide by far the most attractive risk-adjusted returns within this asset class. We are excited to be leading the way as part of the fixed income strategy of the future.”