Without sufficient credit, it is tough for businesses to grow, said Michael Forman, CEO of Franklin Square Capital Partners, particularly when the macroeconomic environment remains shaky. In Europe, banks, which traditionally have dominated corporate lending , are still struggling with the many non-performing loans on their balance sheets, and increased regulation imposed by Basel III is making it harder for them to extend credit.

In a conversation with Gregg Greenberg from thestreet.com, Michael Forman shares his views on economic growth, middle market lending and seeking yield in a “lower-for-longer” interest rate environment.

A new market update from Chief Market Strategist Troy Gayeski

Chief Market Strategist Troy Gayeski tackles the topic of CLO mezzanine debt and its potential benefits in a yield-starved environment, both present day and for the long run.