Pulse

The headline default rate in private credit remains enviably low — 1.1% payment defaults in 2024, according to KBRA's surveillance...

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...

As private credit tightens and competition intensifies, SLR Capital Partners’ Mitch Soiefer explains why specialization, structure and hands-on portfolio management...

The private equity industry is sitting on a powder keg of uninvested capital, and the fuse is getting shorter. Global...

In a wide-ranging conversation, Antares’ Seth Painter explains why investor selectivity is rising, how CLO structures are evolving, and why...

After a string of fraud-driven collapses jolted asset-backed finance, Bart Steenbergen explains why zero tolerance is the new standard and...

Supply chain uncertainty forces borrowers to carry 60-90 days of additional inventory, driving $2-5 million working capital increases that require...

Speed has emerged as private credit's defining competitive advantage, with deals that would take the broadly syndicated loan (BSL) market...

The distressed landscape in 2025 presents a paradox: while overall default rates remain manageable at 2-3% according to Barclays forecasts,...