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Articles Posted in Direct Lending Income Fund

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Direct Lending Investments Face SEC $11M Fraud Charges

Just weeks after Direct Lending Investments (DLI) announced to private fund investors that it was suspending redemptions and withdrawals after one borrower defaulted on a $191.3M loan, the  US Securities and Exchange Commission (SEC) filed civil charges against the registered investment adviser (RIA). The regulator contends that Direct Lending engaged…

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