PDI Picks – 7/3/2023

Filling the void in venture lending


Lending to growth and venture-backed firms has been challenging in early 2023, but there are signs of change.

The regional banking crisis precipitated by the turmoil that started with Silicon Valley Bank in March must be seen in a larger context – as an accelerant of a mega-trend towards non-bank lenders that many say began with the global financial crisis.