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Private credit funds > dividend cuts and NAV write-downs
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Midcap Financial Investment Corp. Direct lending fund overseen by Apollo cuts its dividend and writes down its NAV. KKR will reduce its dividend after an increase in quote troubled loans and lower investment income. Black Rockck TCP Capital now cutting its dividend.

“Midcap Financial Investment Corp. Direct lending fund overseen by Apollo cuts its dividend and writes down its NAV. KKR will reduce its dividend after an increase in quote troubled loans and lower investment income. Black Rockck TCP Capital now cutting its dividend.”