Where Private Credit Goes Next: Discipline, Opportunity and Sector Depth
As private credit tightens and competition intensifies, SLR Capital Partners’ Mitch Soiefer explains why specialization, structure and hands-on portfolio management...
Forward for Specialty Finance
Pulse
$1.2T in PE Dry Powder: Why Deployment Pressure Is Reshaping Middle Market Deal Terms
The private equity industry is sitting on a powder keg of uninvested capital, and the fuse is getting shorter. Global...
Private Credit’s Next Chapter: Market Forces, CLO Growth & What to Expect in 2026
In a wide-ranging conversation, Antares’ Seth Painter explains why investor selectivity is rising, how CLO structures are evolving, and why...
Lessons From a Market Wake-Up Call: Redefining Risk Mitigation in Asset-Backed Finance
After a string of fraud-driven collapses jolted asset-backed finance, Bart Steenbergen explains why zero tolerance is the new standard and...
Tariff-Driven Working Capital Surge Reshapes Middle Market Credit Structures
Supply chain uncertainty forces borrowers to carry 60-90 days of additional inventory, driving $2-5 million working capital increases that require...
The Speed Premium: Quantifying Private Credit’s Execution Advantage in Middle Market Transactions
Speed has emerged as private credit's defining competitive advantage, with deals that would take the broadly syndicated loan (BSL) market...
Sector Distress Divergence: Navigating the Uneven Recovery in Middle Market Credit
The distressed landscape in 2025 presents a paradox: while overall default rates remain manageable at 2-3% according to Barclays forecasts,...
Record Dry Powder Fuels Documentation Deterioration and PIK Proliferation
Private equity dry powder at $1.6 trillion and private credit funds sitting on uncommitted capital that has "nearly quadrupled" since...
Private Credit’s Speed Premium Powers Middle Market M&A Recovery
Direct lenders finance 86% of LBOs as certainty of execution commands 75-100 basis point premium while cutting close times from...
Liability Management 2.0: Post-Serta Innovation Accelerates Despite Court Setbacks
Q2/2025 LMT volume surpasses 2024's record pace as sponsors combine dropdown, uptier and double-dip structures in increasingly complex transactions that...
