Letter From Oman

Our first visit to Oman last week was remarkable in several respects. We were reminded again how regional countries –…

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Slow as it Goes

Quarterly direct lending deals peaked 2Q 2024, slowed since. Source: PitchBook LCD, US data through Sept. 16, 2025.

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Where’s the Beef?

A PitchBook survey showed private credit participants most worried about finding new deals. Source:  PitchBook/LCD, data through Sept. 16, 2025

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Back to School (Part Two)

Post-Labor Day market conditions continue to favor credit issuance of all stripes. Rather than being hampered by uncertainty surrounding tariffs,…

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