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Media coverage at the time trumpeted how banks were fighting to regain lost share to direct lenders. It also warned…

As we discussed in our Best Practices in Private Credit series, portfolio construction is everything. With little way out short…

The Magnificent Seven, representing 40% of the Nasdaq 100, is an extreme example of industry concentration. The market cap of…

Partnering with top-tier private equity firms also creates alignment with more defensive, growth-oriented sectors. Not coincidentally, these businesses retain the…

For investors, then, conditions remain propitious for private credit. The delivery of yield premiums to liquids, lower risk, and predictable…

The media seems to characterize amendments and extensions as financing gimmicks, but they are well-worn features of the leverage finance…

How challenging has it been to predict the next recession? An inverted Treasury yield curve, a reliable forecaster of the…

Some credit managers, in more desperate bids to put idle cash to work, are offering aggressive terms to smaller businesses.…

We’ve spent the last six weeks outlining best practices top direct lenders employ so portfolios generate the highest returns complemented…

Our underwriting teams start by analyzing financials from portfolio company CFOs, comparing them to prior year, budget, and downside cases.…