Commentary
A Review of European Direct Lending (Second of a Series)
Burger King isn’t just selling Whoppers any more. Last week the second largest burger giant began serving hot dogs at…
Read MoreA Review of European Direct Lending (First of a Series)
Over the years the US has been by far the dominant supplier of leveraged loans globally. (See our Chart of…
Read MoreSurvey Says
If you want to know what middle debt investors are thinking, why not ask them? This novel concept was rolled…
Read More2016 – A Look Ahead in the Middle Market (Last of a Series)
“We’re waiting to see what happens.” For many credit investors, and to some extent investors of all stripes, this oft-heard…
Read More2016 – A Look Ahead in the Middle Market (Fourth of a Series)
News reached us last week that a computer discovered the largest prime number known to exist. A “non-descript desktop” PC…
Read More2016 – A Look Ahead in the Middle Market (Third of a Series)
One of the largest dinosaurs ever found debuted last week at the American Museum of Natural History in New York.…
Read More2016 – A Look Ahead in the Middle Market (Second of a Series)
“People are still standing.” So a friend of ours characterized the broadly syndicated loan market at the close of a…
Read More2016 – A Look Ahead in the Middle Market (First of a Series)
Just before the holidays we caught up with a friend who runs a middle market credit fund. So how was…
Read MoreWhy Mezzanine Matters
It’s popular sport at loan conferences to kick the mezzanine asset class. After the credit crisis, when some investors in…
Read MoreThe Art of the Club Deal
When we first began distributing middle market loans (in the waning days of the Reagan Administration), the concept was novel.…
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