Broker Dealer Arms of PE Funds (Any advice much appreciated!)

Hello all,

Can anyone with insight into capital markets groups of PE funds please provide some information regarding the role itself and responsibilities of the groups.

My understanding is that a part of these groups manage lender relationships in order to raise financing directly from the lenders rather than paying fees to the traditional investment bank. Is this a less credit intensive / modeling heavy role as that work is usually done by investment teams, and the broker dealer teams would essentially be more of a sales force?

If anyone would have additional information into this group within a PE fund it would be very much appreciated and can speak offline if it would help.