SLR Investment (SLRC) - 2023 Q1 - Earnings Call Transcript

Moving to the P&L, for the three months ended March 31, 2023, gross investment income totaled $53.5 million versus $54.1 million for the three months ended December 31. Net expenses totaled $31.4 million for the three months ended March 31, and this compares to $31.6 million for the three months ended December 31, 2022. In addition to the bank's retrenchment, the disruption in the BSL and CLO markets continues to benefit private debt providers with financial sponsors increasingly turning to direct lenders w ...