Commentary

Someone once said, “A vacation is what you take when you no longer can take what you’ve been taking.” We…

For some months the performance of public markets, both fixed income and equities, brooked few doubters. As one strategist put…

For a long-time practitioner and educator in the private capital space, there’s nothing like engaging with sophisticated investors digging deep…

Last week we visited our UK colleagues, clients and friends for a number of discussions around private capital. These conversations…

As the leveraged loan market woke up this past January, as confidence in the economy and rate expectations grew, so…

The first half of 2024 kept us busy tracking volume in the newly energized BSL market. Remarkable, but not unexpected,…

“Now, here, you see, it takes all the running you can do, to keep in the same place. If you…

The 60/40 allocation model for investing has taken some hits since the Fed began raising rates over two years ago.…

This week we attended the 40th annual conference of the Florida Public Pension Trustees Association in Orlando. Attendees included municipal…

Back in October 2020 we introduced the concept of how supply and demand imbalances in private markets affects credit quality…