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
The Lead: The Price of Admission
Next time you are in Barcelona, stop at the Dow Jones Bar. There, drink prices move all night, as you watch the ticker tape like a crowded trading floor. Great for a night out.
|
October 13, 2026 
Middle Market Deal Terms at a Glance - March 2026
Source: SPP Capital Partners Contact: Stefan Shaffersshaffer@sppcapital.com
Average Non-Accrual Marks Improved Across Most Top Sectors
Average Marks (FMV / Par) on Non-Accrual Drawn Loans Increased for 3 of the Top 5 Sectors in Q3’25 Click…
US Private Credit Defaults Hit New Highs but Losses Remain Contained
At 9.2%, the default rate within Fitch’s privately monitored ratings (PMR) portfolio exceeded the default rate recorded for Fitch’s broadly syndicated loan (BSL) universe which reached 4.5% for the year.
PE exit activity
Download PitchBook’s Report here. US PE exit activity is now clearly out of the woods, securing not only a second consecutive…
US primary market loan yields increase to their highest level since April 2025
The average primary market yield, assuming a three-year term to repayment on first-lien institutional term loan Bs, has widened to…
M&A Activity Provides Support to Stalling US Leveraged Loan Market
Click here to access Bloomberg’s US Leveraged Finance Chartbook The US leveraged loan market has struggled to regain momentum following…
LPs are choosing to stay positive
For investors in private credit wanting to build up their allocations, criticism of the asset class is a sideshow –…
The IT Factor
IT deals commanded a larger piece of the M&A pie in 2025. Source: PitchBook
Why is now a good time to invest in junior capital?
We view the junior capital opportunity as generally attractive, regardless of economic cycles. It is oftentimes implemented as a portfolio…
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…
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…