Content hub
Explore private capital market trends, in-depth research from leading industry partners, expert interviews, live webinars, and educational videos — all in one place.
Featured Article
Business of Private Credit: Coming Home
Much attention has been paid to the suitability of Matt Damon in the lead role as the wily Odysseus in this summer’s Christopher Nolan blockbuster.
|
August 12, 2026 
The IT Factor
IT deals commanded a larger piece of the M&A pie in 2025. Source: PitchBook
Ellen Zentner on rates, risk and resilience - A 2026 macroeconomic outlook
A conversation with Ellen Beeson Zentner, Chief Economic Strategist and Global Head of Thematic and Macro Investing at Morgan Stanley Wealth Management.
Distribution of Accordion F&C Tranche EBITDA Grower Caps (L3M)
(Past performance is no guarantee of future results.) Contact: Steven Miller smiller@covenantreview.com
U.S. Sub-Investment Grade SaaS Companies - QRT Revenue Growth YoY
U.S. Sub-Investment Grade SaaS Companies – QRT Revenue Growth YoY Click here to watch Octus Webniar: Investor’s Guide to Navigating…
US Private Credit Defaults Hit New Highs but Losses Remain Contained
The default rate in Fitch Ratings’ privately monitored ratings (PMR) portfolio hit 9.2% in 2025, a new high, up significantly from 8.1% in 2024.
Multiples on BSL-funded LBOs
Download PitchBook’s Report here. Debt capacity limitations have meant sponsors are pressured to deploy more equity capital to fund their portfolio…
US LevFin issuance slips in February amid softer, more volatile market backdrop
US LevFin issuance topped US$160bn in February, although business slipped 11% from January amid a noticeably weaker market backdrop. Bank…
US Leveraged Loans Extend Declines in February
Click here to access Bloomberg’s latest Global Leveraged Loan Index Report The Bloomberg US Leveraged Loan Index (Ticker: LOAN) posted…
The challenge of retail capital becomes evident
Private credit fund redemptions have put semi-liquid, evergreen funds firmly in the spotlight. The three “Bs” – Blackstone, BlackRock and…
Why Private Equity Matters (Part Nine)
Private equity firms spend considerable time finding the right business, market, or operating model before making an investment. This is fundamental,…
Leading the Way
The US was a relative bright spot in global private equity fundraising in 2025. Source: Preqin, McKinsey analysis
Upcoming Maturities for BDC-Held Software Loans
Click here to access the analysis In the near term, private credit restructurings for software companies are likely to be…
US sponsored loan volume tops US$148.7bn YTD, driven primarily by refinancing activity
At US$148.7bn, US sponsored lending was down 26% during the first two months of the year compared to the same…
Accordion Inside Maturity
(Past performance is no guarantee of future results.) Contact: Steven Miller smiller@covenantreview.com
AI Disruption Puts Software Exposure in Focus
Sharp declines in major software company valuations amid rising investor concerns about AI-driven disruption have raised questions about lenders’ and asset managers’ sector exposure.
Why Private Equity Matters (Last of a Series)
For most of its history, private equity was built for institutions – pension funds, endowments, sovereign wealth funds. Individual investors…