Why Carve-Outs Are Surging in Private Equity
How PE firms are unlocking value through surgical deal-making in a high-stakes market. In this Q&A, ABF Journal Editor-in-Chief Rita...
Forward for Specialty Finance
Pulse
The Private Credit Surge: Implications for Sponsors, Borrowers, and Traditional Lending Structures
As private credit cements its place at the center of modern dealmaking, sponsors and borrowers must rethink how they structure...
The Unitranche Evolution: How One-Stop Financing Is Streamlining Middle Market Capital Structures
The middle market lending landscape has experienced a decisive shift toward simplified debt structures, with unitranche facilities increasingly becoming the...
How Tariffs Are Reshaping Transportation Asset Values: A Conversation with Hilco’s Andy Blumenstock
In a recent interview, Editor-in-Chief Rita Garwood sat down with Andy Blumenstock, Managing Director at Hilco Valuation Services, to discuss...
Private Credit and The Right Side of History: The Case for Non-Sponsored Lending
Private credit concentrates on large corporations in high-income places, leaving non-sponsored businesses, especially those in working-class communities, with structural disadvantages...
PIK Toggle Provisions and Creative Covenant Packages: Navigating Middle Market Flexibility in Uncertain Times
As middle market borrowers and their sponsors navigate an environment of elevated interest rates and economic uncertainty, deal structures have...
The One Big Beautiful Act’s Comprehensive Impact on Middle Market M&A: A Strategic Analysis for Dealmakers
The One Big Beautiful Act (OBBBA), signed into law on July 4, 2025, represents the most significant tax and economic...
Digital Pulse Capital Catalysts: PE & Private Credit
Q2 Digital Pulse Capital Catalysts: Private Equity and Private Credit The Digital Toolkit for Today’s Capital Catalysts Launches June 18thThere’s...
M&A Sector Spotlight: Energy 2025 Outlook
Energy M&A stormed back in 2024, racking up $135 billion across 280 transactions—an 18% surge from 2023, according to PitchBook....
M&A Sector Spotlight: Healthcare 2025 Outlook
Healthcare M&A carved out $110 billion across 420 deals in 2024, a 12% climb from 2023, according to PitchBook. Labor...
