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Commentary

“$2 Billion is the New $1 Billion”: Unitranche Revisited (First of a Series)

By THE LEAD | August 5, 2021

In October 2015 we published a series of articles on the unitranche, what we called “one of the most innovative,…

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The State of Private Credit in Europe (Last of a Series)

By THE LEAD | July 29, 2021

As we conclude our European private credit series, let’s review what we’ve learned so far: – Europe suffered a similar…

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The State of Private Credit in Europe (Sixth of a Series)

By THE LEAD | July 21, 2021

Our Chart of the Week, courtesy Preqin, highlights how both US and European fundraising for private debt came into Covid…

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The State of Private Credit in Europe (Fifth of a Series)

By THE LEAD | July 13, 2021

This week we continue our conversation with members of Lincoln International’s Capital Advisory Group, managing directors, Aude Doyen, Xenia Sarri,…

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The State of Private Credit in Europe (Fourth of a Series)

By THE LEAD | July 6, 2021

Calculating private credit volume in Europe is a bit dodgy. Even in the US, good numbers have only been available…

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The State of Private Credit in Europe (Third of a Series)

By THE LEAD | July 1, 2021

For a sense of overall credit conditions, we tuned last week into the European Leveraged Finance Mid-Year Update hosted by…

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The State of Private Credit in Europe (Second of a Series)

By THE LEAD | June 24, 2021

Our fondness for colorful metaphors led us, in our 2016 series, to compare European direct lending to Burger King’s new…

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The State of Private Credit in Europe (First of a Series)

By THE LEAD | June 16, 2021

Say what you will about last year’s Covid-induced downturn in the US beginning in March. But it paled in comparison…

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Inflation Nation (Last of a Series)

By THE LEAD | June 9, 2021

“We are in a new era with the Fed. They have a new reaction function…[and] this is their first trip…

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Inflation Nation (Third of a Series)

By THE LEAD | June 3, 2021

As part of our continuing inflation series, we caught up with Joseph Lavorgna, Natixis’ chief US economist, who just returned…

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