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The New Order: Leverage Finance in an Asset Management World (First of a Series)
In the same way, we think, private credit has grown from a back-water of middle market lending in the 1980’s…
Read MoreHow to Stop Worrying About the Maturity Wall (Last of a Series)
We saw that confidence further underlined as the economy emerged intact from the global pandemic. And supported as well by…
Read MoreHow to Stop Worrying About the Maturity Wall (Second of a Series)
As we discussed last week, the maturity walls don’t sit still either. They act like sand waves marching towards the…
Read MoreHow to Stop Worrying About the Maturity Wall (First of a Series)
As rates climbed, repricings slowed. 2023’s volume jumped to $81.3 billion from only $10 billion the year before – a…
Read MoreFour for ’24 (Last of a Series)
In the absence of fully functioning public markets during the Fed’s intense anti-inflation campaign, liquidity was drained, not just from…
Read MoreFour for ’24 (Fourth of a Series)
“Flight to quality” was a key theme for investors in 2023 given overall market uncertainty. Prioritizing high quality assets should…
Read MoreFour for ’24 (Third of a Series)
As we navigate slowing economic growth, volatility, and geopolitical shocks, it is even more critical to identify the attributes of…
Read MoreFour for ’24 (Second of a Series)
The US economy continues to roll along. December’s labor report showed 261,000 new jobs, a vigorous uptick from the 173,000 number…
Read MoreFour for ’24 (First of a Series)
2023 was characterized by several key themes in the capital markets. The Fed’s battle against inflation, the resulting impact on…
Read MoreThe New Paradigm (Last of a Series)
In the capital markets this year, it’s all been about rates and inflation: can the Fed’s higher-for-longer regime bring prices…
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