This week we continue our conversation with Eric Lloyd, the head of Global Private Finance for Babson Capital Management. Babson is one of the world’s leading asset management firms with investment teams on four continents managing over $243 billion in assets for clients in more than 20 countries around the world. Second of two parts – View part one

The Lead Left: Do you do more lead transactions, or participations?

Eric Lloyd: It moves around quarter-to-quarter. We look first for attractive investments. We try not to let ego get in the way. We do our own due diligence and carefully review all the documentation. We’ve led over half of all our transactions, but if we don’t lead, we’re ok with that also as long as we are doing our own direct due diligence.