Crescent Capital ( CCAP ) is a BDC. It's what I'd call a plain vanilla mid-market direct lender to sponsors doing LBOs. Sponsors in this area of the market have been most hurt by rising ratesI focus on thematic investing, crisis investing, systematic options trading through both premium selling and long-vol positions, and discretionary global macro. I have experience with private M&A along with many years of publicly-traded equities and equity-based derivatives trading experience.Analyst’s Disclosure:I/we h ...