Contrary to popular belief, banks view BDCs and CLOs as partners not competitors. Additionally, the regulatory environment is causing banks to retract from the lower middle market lending and BDC’s are stepping increasingly in to fill that void, says ING Capital’s Patrick Frisch in this video with Mergers & Acquisitions contributing editor Danielle Fugazy. For more, see the roundtable discussion sponsored by Fifth Street Management LLC and Proskauer Rose LLP, “Alternative Lenders & Traditional Banks: The Changing Landscape in M&A.”