With rise of cov-lite loans, experience matters, says Twin Brook’s Trevor Clark

More covenant-lite loans are “bleeding down” to the middle market, says Twin Brook Capital Partners co-founder Trevor Clark in this video interview, in which he discusses the downside of loosening lender protections. “There are clearly some groups out there that haven’t had as much experience lending through a credit crisis. When you look at our team, the senior members have 10, 15, 20 years of experience. It’s been critical to our success.” Twin Brook won Mergers & Acquisitions’ M&A Mid-Market Award for 2017 Lender of the Year.