Morgan Stanley Direct Lending Fund (NYSE:MSDL) reported lower first-quarter net investment income as recent Federal Reserve rate cuts flowed through its floating-rate portfolio, but management said credit performance remained stable and lender economics are beginning to improve.
The business develo
Morgan Stanley Direct Lending Fund (MSDL) reported Q3 2025 results, missing earnings and revenue estimates. NAV declined slightly, while the dividend was maintained and core earnings remained stable.
Health-care services provider BrightSpring, which is backed by private equity firm KKR, priced its initial public offering at $13, below a marketed range of $15 to $18 per share, before opening on Friday a dollar below that IPO price.
