Investors are starting to see higher leverage, lower yield and looser terms. Alternative lenders with flexible structures and flexible investment mandates are able to adjust to the environment more quickly than lenders with inflexible structures, says Proskauer Rose, LLP’s Gary Creem 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.”