Access to investment in private companies is no longer denied to private investors thanks to the role played by business development companies, said Michael Forman, chief executive of Franklin Square Capital Partners. "Senior secured loans offer individuals an alternative way to diversify their income strategy," he said. "Due to their favorable position at the top of the corporate capital structure and floating interest rates, senior secured loans can offer downside protection in the event of a default and can protect against inflation and rising interest rates."

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