Oaktree Specialty Lending: Excess Software Lending May Compound 'Value Trap' Risk

Group 1 - Business Development Companies (BDCs) are favored by income-focused investors due to their high yields [1] - BDCs operate similarly to banks, primarily lending to the less liquid middle-market corporate debt market, which typically offers high yields [1] - Some BDCs utilize leverage to enhance their returns [1] Group 2 - The analyst, Harrison, has been writing on Seeking Alpha since 2018 and has over a decade of market experience [1] - Harrison's professional background includes private equity, real estate, and economic research [1] - He possesses an academic foundation in financial econometrics, economic forecasting, and global monetary economics [1]