Non-bank lenders---independent finance companies and private credit funds---are surging past traditional banks, wielding flexible financing tools to reshape capital structures...

By Lisa RafterAs specialty finance fuels middle market dealmaking in 2025, a wave of pending regulations looms on the horizon,...

By Lisa Rafter The once-distinct lines between asset-based lending and cash flow lending are continuing to fade, giving rise to...

As economic turbulence intensifies in Q1/2025, asset-based lending (ABL) faces growing scrutiny over asset quality across sponsored and non-sponsored deals....

In a surprising throwback to 2021, Federal Reserve Chair Jerome Powell dusted off the word “transitory” during Wednesday’s post-meeting press...

March 18, 2025 – The ABF Journal has launched Digital Pulse 2025, a new digital-only publication designed to connect the...

Energy M&A stormed back in 2024, racking up $135 billion across 280 transactions—an 18% surge from 2023, according to PitchBook....

U.S. manufacturing M&A surged to $92 billion across 340 deals in 2024, a 15% rise from 2023, according to PitchBook....

Introduction: A New Playbook for Private Equity and Specialty Finance The middle market’s acquisition financing game has flipped over the...

Before 2023, bank-led loans kept a tight grip—FCCR hovered at 1.67x, leverage sat at 4.5x, DSC clocked in at 1.3x,...