The middle market lending landscape has undergone a seismic transformation. Private lenders now account for 85% of leveraged buyouts, up...
A transformation is underway in how distressed companies and their creditors negotiate financial restructurings. Liability Management Exercises — commonly known...
PIK usage, 'bad PIK' trends and $21 billion in lender takeovers signal evolving portfolio stress, but strong fundamentals complicate the...
The week ending January 11, 2026, presented a striking paradox for middle market participants: while dealmaking sentiment reached a six-year...
The headline default rate in private credit remains enviably low — 1.1% payment defaults in 2024, according to KBRA's surveillance...
Week Ending January 4, 2026 2026 Opens with Cautious Optimism as ABL Sector Embraces "Trust but Verify" Mandate The week...
New tariffs are quietly inflating inventory values while eroding real collateral strength, forcing asset-based lenders to rethink advance rates, appraisals,...
Turnaround advisors and special situations lenders must market hardest when business is quiet, building credibility, relationships, and early-warning expertise now...
The private equity industry is sitting on a powder keg of uninvested capital, and the fuse is getting shorter. Global...
Private equity portfolio companies in 2025 face a reality that would have seemed unusual a decade ago: extended holding periods...
