The PNC Financial Services Group and the TCW Group have formalized and expanded their partnership to develop a private credit platform focused on middle market lending.The companies aim to have $2.5 billion in investor equity capital available in the platform’s first year, and expect investment activity to begin in the fall, they said in a Monday (May 6) press release.“We are thrilled to partner with PNC to expand our direct lending capabilities and provide financing to a critical segment of U.S. companies, ...