Commentary

As a long-term observer of (and participant in) the credit markets, we’ve learned the most interesting times are not when…

Earlier this month your correspondent traveled to Tokyo and Seoul, in part to assess how institutional investors view private debt…

Speaking of long flights [link], news reached us of an overweight passenger punished for traveling in the main cabin. Or…

On a fourteen-hour flight from Seoul, we sat next to the head of a very successful private credit shop. Besides…

Issuers in leveraged lending today are divided into three categories: the haves, the have-nots, and the wish-they-hads. As the 2019…

Tracking data in our market is often a challenge. As we’ve said in other contexts, there are three levels of…

Last week we took on the question of deal flow. How does the backdrop of M&A activity relate to the…

“I left it right on the piano bench. Now I can’t find it!” Our daughter’s flute instruction book had somehow…

D28 made headline news last week. No, we’re not referring to a new Stars War character. And it’s not a…