News

MSCI Inc. (NYSE) and Moody's Corporation (NYSE) will jointly create a first-of-its-kind solution to provide independent risk assessments for private credit investments at scale. As the private credit market continues to evolve and grow, the need for consistent standards and...

ICR, a leading strategic communications and advisory firm, announced today that its broker-dealer affiliate, ICR Capital, has hired Kristina Woodhouse and Gian-Marco Frey as Managing Directors in its Convertible and Equity Derivatives Advisory team. Both join from Matthews South and...

Deerpath Capital Management, LP ("Deerpath"), one of the largest lower-middle market private credit managers in the U.S., recently announced a reset of Deerpath CLO 2023-1, a $503.5 million collateralized loan obligation (CLO). This marks the first reset of the 2023-1...

Bespoke Partners, a retained executive search firm for software and SaaS companies, today announced the release of its 1H2025 Software & SaaS Talent Market Update Report, showcasing applications of AI that help private equity firms deal with market challenges. The...

Nomura Capital Management LLC (NCM), a wholly owned subsidiary of Nomura Holding America Inc. and a multi-credit manager serving intermediary and institutional clients, today announced the hiring of Ashu Pal, CFA, as Head of Portfolio Management. Pal joined NCM in...

Overview The U.S. middle market debt market from April 14-21, 2025, faced a volatile week driven by trade policy shifts, Treasury yield fluctuations, and softening economic indicators. These dynamics challenge dealmaking stakeholders. This report integrates deal activity from ABF Journal...

April 21, 2025 Middle market borrowers face an increasingly challenging lending environment as the Federal Reserve's recent decision to hold interest rates steady signals a more cautious approach to monetary policy amid growing uncertainty over the economic impact of President...

April 21, 2025 Asset-based lenders are seeing a surge in business as private equity firms continue to hold portfolio companies for record lengths, creating a significant financing gap that traditional lenders can't fill. According to McKinsey's latest Global Private Markets...

The private credit secondaries market is experiencing unprecedented growth as recent market volatility drives institutional investors to seek new ways to manage their illiquid debt exposures. Last week, Coller Capital acquired a $1.6 billion senior direct lending portfolio from U.S....

April 21, 2025 Major U.S. banks' first-quarter earnings for 2025 reveal significant challenges for middle market lending as financial institutions navigate economic headwinds driven largely by President Trump's recent tariff policies. As bank executives take a more cautious stance, middle...