Private equity-backed companies seeking financial relief through a new Federal Reserve lending program could face some of the same difficulties presented by earlier federal aid initiatives. Small PE firms might be able to obtain a loan for one company, up to the maximum loan size of $200 million. Goodwin Private Equity partners Kristopher Ring and Fredrich Lim discuss loan caps and reporting requirements for smaller companies. Read the article in Middle Market Growth here.
In The Press June 04, 2020