Private Credit Writes Investment-Grade Paper: The $36 Billion Chip Lease and the Convergence Trade
“Private credit is not merely growing; it is acquiring the plumbing of the broader capital markets it once positioned itself ...
Forward for Specialty Finance
The Fed Starts Counting the Nonbanks
Every quarter the Federal Reserve asks a few dozen banks how they are changing the terms on their loans, and ...
Where the Risk Sits: A Verified Look at Subordinate Debt, Recovery Rates and Intercreditor Dynamics in the Middle Market
The capital stack is not an abstract concept. It is a priority schedule that answers a single question when a ...
Building Trust Before It Counts: TMA’s Latest Leading Edge Episode
TMA Global Chair Rachael Smiley sits down with Greenberg Traurig's Alan Brody to talk relationship capital — and why the ...
J.S. Held Lending Climate Survey Finds Growing Lender Caution Amid Rising Economic and Geopolitical Risks
Executive Summary: The Q3/2026 J.S. Held Lending Climate in America survey finds US lenders are becoming increasingly cautious as geopolitical ...
KBRA: Easing Valuation Pressures Mask Rising Credit Stress in Private Credit BDCs
KBRA released its Business Development Company Ratings Compendium, which looks at results for the quarter ended June 30, 2026. In ...
TPG Twin Brook Serves as Administrative Agent on Two Transactions
TPG Twin Brook served as the administrative agent on Argand Partners’ refinance of PolyShield Group and H.I.G Capital’s recapitalization of ...
System One Forms Strategic Investment Partnership with Oaktree and StepStone Group
System One completed a new investment from funds managed by Oaktree Capital Management and StepStone Group. Financial terms were not ...
Mayer Brown Adds Structured Finance Partner Herman in New York
Mayer Brown added structured finance lawyer Michelle Herman has joined the firm as a partner in New York in its ...
McDermott Will & Schulte Adds Cross-Border Capital Markets Partner Hekmat in New York
McDermott Will & Schulte added Sina Hekmat as a partner in its capital markets group in New York. Hekmat arrives ...
