BDT & MSD Credit

BDT & MSD Credit operates 2 distinct investment strategies on Termgrid: Direct Lending, Clo Vehicle. Each strategy has its own criteria, ticket-size band and sector appetite, and is profiled separately on the firm's Termgrid page. Sponsors evaluating BDT & MSD Credit typically look at the specific strategy that fits the deal type — the right contact and capital pool varies by strategy.

BDT & MSD Credit deploys Unitranche / Senior Debt Direct Lending, Liquid Loans, NAV Financing, Others, PIK Financing, Preferred Equity, Real Estate / Real Asset Financing, and Subordinated / Junior Debt / Mezzanine across its 2 strategies. These instruments are used in sponsor-backed transactions and direct corporate financings where BDT & MSD Credit participates as a lender, with the breadth (8 distinct products) suggesting flexibility on capital structure. Specific tranching, pricing and structuring are negotiated per transaction; the standard band sits in the Investment Criteria section.

BDT & MSD Credit is active in United States, United Kingdom, W.Europe, Nordics, DACH, Asia, and Middle East. Sponsors running cross-border processes can include BDT & MSD Credit where any of these geographies match the borrower or transaction. Regional focus reflects current deployment patterns recorded by Termgrid; firms periodically extend their mandate, so check the platform for the most current view.

BDT & MSD Credit has shown lending activity in Business Services, Chemicals, Consumer Goods, Education, Energy, Financial Services, Healthcare, Hospitality & Leisure, Industrials, Infrastructure, Media & Communication, Natural Resources, Real Estate, Retail, Software, Technology (ex Software), Telecom, Utilities, indicating broad sector coverage rather than a vertical-specialist mandate. Sector appetite can shift fund to fund and from year to year, so it is worth confirming current appetite with the deal team before running a process. BDT & MSD Credit's recent deal activity is referenced in the news section above.

BDT & MSD Credit was founded in 2023, giving the firm 3 years of track record and currently has around 434 investment professionals. Firms with longer track records typically have multiple fund vintages and deeper precedent libraries; newer firms can be more flexible on terms but offer less historical performance data.

Termgrid subscribers can route opportunities to BDT & MSD Credit directly via the platform's deal execution workflow. The platform manages introductions, NDA exchange, materials sharing and term-sheet collaboration end-to-end. If you are not a Termgrid subscriber, request a demo to see the routing options and what the workflow looks like for BDT & MSD Credit specifically.