Secured lending opened the week with a structure worth studying. On August 17, Lifetime Brands closed a refinancing that replaced its Term Loan B with a $60 million second lien term loan from Pathlight Capital and simultaneously amended and extended its $200 million asset-based revolver agented by JPMorgan, pushing both instruments to...
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In an era defined by rapid recalibration, this issue dives deep into the 2026 middle market, examining how asset-based lending has evolved into a foundational liquidity engine as private credit navigates a $1.2 trillion maturity wall and shifting deal structures. At the heart of this edition, we celebrate our 2026 Legends & Leaders honorees — the Icons whose storied careers have defined the industry, the disciplined Sentinels and the deal-making Rainmakers, as well as the visionary Innovators and NextGen stars engineering what comes next. Through expert features on market pressures and exclusive roundtable discussions on the intersection of technology and relationship-based lending, we highlight the conviction and resilience of the professionals shaping the next chapter of global capital.
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