“Chicago is very active in dealmaking,” says Leonard Tannenbaum, CEO of Fifth Street Finance Corp. (Nasdaq: FSC), at the 2013 Midwest ACG Capital Connection at McCormick Place in Chicago on Oct. 22.

“Although we’ve expanded our business, Chicago continues to account for 45 percent of our revenue, which is impressive,” Tannenbaum tells Mergers & Acquisitions. Much of Fifth Street’s business is driven by handful of well-known middle-market private equity firms that are headquartered in Chicago: Baird Capital, Beecken Petty O’Keefe & Co., Chicago Growth Partners, GTCR, Sterling Partners and Thoma Bravo.

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